A recently published statement by Common Market for East and Central Africa (Comesa) has confirmed that the region’s members will have regional trade information at their fingertips , following the introduction of a mobile application.
The statement, signed by Comesa Secretary General, Chileshe Kapwepwe hailed the creation of the mobile application as a practical way of enabling clearing and forwarding agents to access real-time information on their RCTG bonds from wherever they are.
The innovation follows as the region has not been an exception to the constraints caused by the coronavirus pandemic, as the app will minimise will reduce cost of bond or guarantee and collaterals charged by sureties and agents, and reducing the risk of contracting the virus altogether.