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๐Ÿ‡น๐Ÿ‡ณ Tunisia /Economy & Trade

COMESA invites Tunisia to seize African market opportunities worth $680 million consumers

From La Presse · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

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  • The Common Market for Eastern and Southern Africa (COMESA) is working to boost Tunisia's economic integration into its regional market.
  • COMESA Secretary General Chileshe Kapwepwe visited Tunis to promote opportunities and encourage greater Tunisian business participation in the bloc's mechanisms.
  • Initiatives include a forum and trade fair, with discussions also focusing on border infrastructure modernization and technological facilitation of trade.

The Common Market for Eastern and Southern Africa (COMESA) is actively seeking to deepen Tunisia's economic ties within its vast regional market. Chileshe Kapwepwe, the organization's Secretary General, visited Tunis to spearhead initiatives aimed at connecting Tunisian businesses with the bloc's economic opportunities.

During her visit, Kapwepwe emphasized the importance of making COMESA's offerings more accessible to Tunisian economic actors. This push for greater engagement comes eight years after Tunisia's accession to the bloc in July 2018. To facilitate this, two significant events are being held in Tunis: an awareness forum featuring COMESA's specialized institutions and a trade fair combined with a business summit for women entrepreneurs.

We are committed to intensifying Tunisia's economic integration within our regional market.

โ€” Chileshe KapwepweDuring a working visit to Tunis, COMESA Secretary General Chileshe Kapwepwe announced initiatives to boost economic integration.

Discussions between Kapwepwe and Tunisian ministers of Trade and Foreign Affairs highlighted the growth in Tunisian exports to the COMESA region since 2018. Key areas for future development include modernizing border infrastructure, particularly the post with Libya, another COMESA member. The talks also addressed leveraging innovation and technology to improve the mobility of economic actors and streamline trade corridors.

COMESA represents a substantial market of over 680 million people across 21 member states, with a combined GDP of approximately $1 trillion. The organization's efforts aim to unlock this potential for Tunisia, fostering increased trade, investment, and partnerships.

Our mission is to better publicize the opportunities offered by COMESA and encourage more active participation by Tunisian companies in its mechanisms.

โ€” Chileshe KapwepweSpeaking at a conference in Tunis, Kapwepwe outlined the goals of her visit.
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Originally published by La Presse in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.