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Lina Higiro among top 3 seasoned women shaping East Africa's banking, financial sector > IGIHE

Lina Higiro among top 3 seasoned women shaping East Africa's banking, financial sector > IGIHE
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Comesa Business Council backs digital financial inclusion for small businesses

The East African
Wednesday February 03 2021
Mr. Marday Venkatasamy, Chairman, COMESA Business Council, speaks during the CBC-TDB high-level public-private dialogue held in Kigali, Rwanda on January 20, 2021. PHOTO | COURTESY
As the private sector struggles to adjust business models to the growing challenges presented by Covid-19, it has become clear that digital transformation is integral to the survival of industries. Affordable digital transactions are needed more than ever and there is a need to harmonize facilitative policies in all COMESA Member States.
Today’s financial inclusion agendas should consider the enablement of SMEs to leverage on retail digital solutions to access affordable, value-added digital financial services that also ensure appropriate safeguards for cross border transactions. ....

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CBC charting an integrated digital common payment policy for MSMEs within COMESA

The East African
Wednesday December 23 2020
Summary
The full implementation of a digital common payments policy is projected to result in a 10 per cent annual increase in intra-Africa trade.
By Millicent Mwololo
th – 21

On 20th and 21st January 2021, Kigali will host a high-level public-private dialogue on the development of a low value retail common digital payment policy for COMESA. Convened by COMESA Business Council (CBC) and the Eastern and Southern Africa Trade and Development Bank (TDB), the meeting’s objective will be to validate and adopt the draft model COMESA digital integrated common payment policy for Micro Small and Medium Enterprises (MSMEs). ....

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