Southern Africa accelerates the implementation of regional industrialization strategies and policies


Livingstone, Zambia, November 27, 2021 – Experts from Southern Africa gathered in Livingstone to deliberate on accelerating the implementation of regional industrialization strategies and policies in Southern Africa through domestication.

The ECA Sub-Regional Office for Southern Africa (SRO-SA) brought together 30 experts from regional stakeholders, including representatives from ministries and parastatals, the private sector, academia and civil society organizations. to review the study entitled “Accelerating the implementation of the Common Market Policy for Eastern and Southern Africa (COMESA) and the industrial policies and strategies of the Southern African Development Community (SADC) through domestication” .

The president of the 27e The Intergovernmental Committee of Senior Officials and Experts from Southern Africa, Mr. Hetherwick Njati, Principal Secretary (Administration), Ministry of Finance (Malawi) officially opened the two-day workshop. He stressed the importance of industrialization as a vehicle for promoting economic growth, production of higher value goods, increasing exports and export earnings, improving resource efficiency. and creating opportunities for linkages with other sectors and sustainable jobs. He also underlined that the meeting of the ad hoc expert group was the occasion for a renewed reflection on the strategic design and implementation of regional and national industrial policies in the construction of sustainable and inclusive economies. “Successful industrialization must be anchored on the harmonization of industrial policies between member states. Indeed, the domestication of the aspirations of regional frameworks in the Member States and their implementation are based on inclusive participation of the public and private sectors as well as micro-small. Medium-sized enterprises will facilitate regional growth through value chains “.

In her welcoming remarks, the Director of SRO-SA, Ms. Eunice Kamwendo, said that the development of regional policies and strategies demonstrates the determination to advance the industrialization agenda aggressively in the two regional economic communities. (CER). COMESA and SADC industrialization strategies inform the strategies and policies of member states. She said industrialization is anchored on the harmonization of industrial policies among regional member states and that this is essential to facilitate regional value chains. The director noted that “as ECA we believe in the importance of harmonizing policies to facilitate regional industrial development and in particular to anchor value chain development”.

COMESA, Senior Private Sector Development Officer Esther Mwimba, speaking on behalf of Director of Industry and Agriculture, Providence Mavubi, informed the meeting that COMESA industrial policy focuses on nine priority areas keys: agro-industry, energy, textiles and clothing, leather and leather products. , mineral enrichment, pharmaceuticals, chemicals and agrochemicals, light engineering and the blue economy. She pointed out that the first decade of COMESA’s existence focused heavily on market integration, however, “despite several trade facilitation instruments to develop trade in the region, they have failed to bring significant impact. significant increase in the share of intra-regional trade. Thus, COMESA applauded the workshop and hoped to have a clear roadmap, “on how the region can strengthen efforts to drive the industrialization agenda by developing a harmonized framework for the domestication of policy frameworks by member states. of the region”.

The high-level expert meeting ended with three panel discussions led by Prof. Manenga Ndulo, Prof. Gift Mugano and Ms. Myranda Lutempo. The groups deliberated on the report and considered the proposed model which aims to guide member states in the domestication and implementation of regional industrial policies. It was agreed that to accelerate regional industrialization, issues of green economies, gender, capacity building, energy availability and financial incentives need to be addressed. Finally, proposals were made calling for closer collaboration between all stakeholders, in particular; RECs, government ministries, private sector, civil society organizations and cooperating partners in supporting domestication and policy implementation.

Issued by:
The Sub-Regional Office for Southern Africa
United Nations Economic Commission for Africa (ECA)
PO Box 30647, Lusaka, Zambia.

Media contacts:
Ms. Lavender Degree,
Communications Officer,
Tel: +260 211 228502/5 Ext. 21307
Mobile: +260 966797779
Email: [email protected]

Disclaimer

UNECA – United Nations Economic Commission for Africa published this content on November 27, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 28, 2021 03:19:01 PM UTC.

Source link

Previous Silver ETFs to help investors diversify their portfolio: Experts
Next Strengthening the digital lending space