SADC continues to register good progress in the Trade, Industry, Finance and Investment (TIFI) sectors
The Southern African Development Community (SADC) continues to register good progress on implementation of its programmes to deepen regional economic integration, in particular in the area of Trade, Industry, Finance, and Investment (TIFI). This emerged out of the TIFI Thematic Group meeting held on 29 February 2024 at SADC Headquarters in Gaborone, Botswana. The meeting was co-chaired by Mr Sadwick Mtonakutha, Director of Finance, Investment and Customs (FIC) at the SADC Secretariat, and Ms Annelene Bremer, Counsellor for Development Cooperation from the Embassy of the Federal Republic of Germany to Botswana and SADC.
Steady progress has been made on capacity building on Industrialisation as well as in enhancing private sector participation in regional value chains. For instance, following the capacity building through the Enhancing the Quality of Industrial Policies (EQuIP) methodology, the Kingdom of Eswatini, the Republics of Zimbabwe, and Malawi have launched their new industrial policies aligned with the regional strategy. On the other hand, the Support towards Industrialisation and the Productive Sectors in the SADC region (SIPS), a programme coordinated by the SADC Secretariat and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), successfully achieved the following results in terms of private sector participation in regional value chains.
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