#Africa #Africa - In Other News #East Africa #News

Agostinho Vuma elected chair of the SADC Business Council

The Executive Committee of the SABC Business Council is holding a meeting with the SADC Secretary Stergomena Lawrence to discuss the body’s priorities and articulation with the secretariat on Friday (19), a press release from the Confederation of Economic Associations of Mozambique (CTA) reads.

The SABC Business Council Executive Committee comprises Agostinho Vuma, of Mozambique’s Confederation of Business Associations (CTA), Madalitso Kazambe, of the Malawi Confederation of Chambers of Commerce and Industry (MCCCI), and Angelina Ngalula, of the Tanzania Private Sector Foundation (TPSF).

CTA chairman Agostinho Vuma was in October, 2020, elected chairperson of the SADC Business Council and a member of its Executive Committee.

The SADC Business Council is the SADC’s top business association, bringing together 16 member states and six business associations, with the mission of influencing the formulation of public policies in order to facilitate market access, industrialization, development of value chains and regional socio-economic development, both continental and worldwide.

The SADC Business Council Executive Committee follows the model of the SADC Troika, with the NEPAD Business Foundation acting as interim Secretariat for the SADC Business Council.

In its 2020-2021 term, the SADC Business Council has Agostinho Vuma as president, representing the Confederation of Economic Associations of Mozambique.

CTA has pledged to focus, during its chairmanship of the SADC Business Council, on the endogenization of the regional economy through financing for industrial development and strengthening partnerships for the sharing of resources, with a view to the entrepreneurial development of the people living in the SADC, the communique reads.

Source: CTA / Media Release via clubofmozambique

Leave a comment

Your email address will not be published. Required fields are marked *