HUB FACT SHEETS, INFOGRAPHICS & SUCCESS STORIES Trade & Investment News Read Our Blog Newsletters

USAID and COMESA Sign $77 million partnership agreement to strengthen regional development

Published on October 14, 2016

 The United States Agency for International Development (USAID) and the Common Market for Eastern and Southern Africa (COMESA) launched a five-year Regional Development Objectives Grant Agreement at the 36th Intergovernmental Committee taking place in Madagascar.

Through this agreement, USAID will contribute approximately $77 million to strengthen the collaborative partnership between the two organizations and implement regional trade, investment, and agriculture development programs that contribute to their common goals.

U.S. Ambassador to Zambia and Special Representative to COMESA Eric Schultz, USAID Deputy Mission Director for Kenya and East Africa Candace Buzzard, and the COMESA Secretary General Sindiso Ngwenya signed a memorandum of understanding to affirm the agreement. Read more. Source | COMESA