Politics

Comesa Gets Sh500 Million
From USAID For Integration

The Common Market for Eastern and Southern Africa yesterday signed a financing agreement worth Sh500 million to be used in support of the region’s integration programmes. Comesa Secretary-General, Erastus Mwencha, said the USAID/REDS funds will also be used in the promotion of US-Comesa trade under the African Growth and Opportunity Act (Agoa) and between member countries. Addressing a media briefing on the recently-concluded Cancun WTO meeting, Mwencha said over the last five years of the US-Comesa partnership, "we have implemented two limited scope grant agreements to the tune of US$16.6 million (Sh1.3 billion), thus making USAid a major co-operating partner of Comesa." Posted by Editor at September 29, 2003 10:03 AM