On 27 June 2024, Tunisia will host for the first time the Common Market for Eastern and Southern Africa (COMESA) Investment Forum (CIF 2024), with the participation of 21 African States and international organisations.
Organised by the COMESA Regional Investment Agency Agency (COMESA RIA), the forum will be attended by a number of African Tunisian and international organisations and parties, including the European Union delegation and the Organisation for Economic Co-operation and Development (OECD), as well as the Ministries of the Economy and Planning, Trade and Export Development and the Tunisian Union of Industry, Commerce and Handicrafts (UTICA), and the Investment Promotion Agency, according to a press release issued by COMESA RIA.
The Director General of the COMESA RIA, Hiba Salama, said that this forum, organised this year for the first time in Tunisia following its accession to COMESA in 2018, aims to encourage trade and investment between the COMESA States, and to inform Tunisian businessmen of the investment and trade opportunities in the COMESA countries, in particular the advantages offered by the organisation and its member companies in the field of investment and trade.
COMESA, Africa’s largest regional economic community, comprises 21 member states with a population of over 640 million and a combined GDP of $1 trillion. Notified as a Regional Trade Agreement (RTA) to the World Trade Organisation in 1995, COMESA continues to work towards becoming a fully-fledged economic community, promoting both internal and external trade.
COMESA member states are Tunisia, Egypt, Burundi, Djibouti, Eritrea, Eswatini, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Uganda, Democratic Republic of Congo, Rwanda, Seychelles, Somalia, Sudan, Union of Comoros, Zambia and Zimbabwe.