Tuesday, 24 May 2016

TGAIS - COMESA Rwanda: Unlocking the aspiration of Africa's largest populated single market.

TGAIS - COMESA Rwanda: Unlocking the aspiration of Africa's largest populated single market.‘How the private sector can help realise the aspiration of the Africa’s largest single common market’ is the central theme of the inaugural Global African Investment Summit – COMESA & Government of Rwanda, taking place in September 2016.

The programme agenda will closely reflect the ambition of the landmark Tripartite arrangement of the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and Southern Africa Development Community (SADC) – launched in June 2015 – aimed at driving intra-African trade by creating the continent’s largest trading block with 26 countries and a combined GDP nearing $1.2 trillion and a market of close to 620 million consumers.

“New private-sector participation is undoubtedly the key to unlocking Africa’s infrastructure investment aspiration and ensuring the expertise is in place to support the move to regional harmonisation. This summit will provide a timely and essential meeting place for Africa’s most senior influencers in government and the private sector to engage with global representatives interested in gaining direct access to the region’s current investment opportunities.” said COMESA’s Secretary General, Mr. Sindiso Ngwenya.

The three key elements of the 2016 programme agenda (set for release at the end of June) will address are:

Development of trade and investment corridors in the TFTA region;

Contribution of investment and private sector players in enhancing the physical infrastructure to facilitate the movement of goods and persons;

Creation of an environment that enables harmonisation through policy and regulation.


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