Articles of category "COMESA"

One of the official bodies of the Common Market for Eastern and Southern Africa, the COMESA Bankers Association was created to strengthen and promote links between banks in sub-regions. It is one of the four COMESA institutions that has played a key role in providing a forum for information exchange, the other three being the PTA Reinsurance Company, the COMESA Clearing House and the Trade and Development Bank. Thanks to the association, COMSEA bankers are protected and can perform their jobs within a framework of professionalism.

Created in December 1994, the Common Market for Eastern and Southern Africa is a preferential trading area that encompasses 20 member states stretching from Zimbabwe to Libya. Nine of the organization's member states formed a free trade area in 2000, while Burundi and Rwanda joined COMESA in 2004 and Libya and Comoros in 2006. The Treaty establishing the organization was signed in November 1993 and ratified in December 1994.