ECA and partners support interbank market development in Zambia

The Economic Commission for Africa (ECA), in collaboration with Bank of Zambia (BOZ), and Stichting Frontclear Technical Assistance Program (Stichting FTAP), a foundation for money market development initiatives and partner of ECA, organized a 2-day workshop to kick-off the Tradeclear Feasibility Study in Zambia. The workshop was an opportunity to introduce the concept and structures of Tradeclear to over 40 participating bank stakeholders and to begin data and information gathering. Sheng Zhao, Economic Affairs Officer, ECA, introduced ECA’s role and efforts to help member States develop their domestic financial markets. Mr. Zhao gave an overview of the technical assistance project on Tradeclear feasibility study in Zambia. Closing remarks were delivered by Jacob Mkandawire and Sonia Essobmadje from ECA’s Private Sector Development and Finance Division. The feasibility study has officially begun and is expected to be completed by the Crosse of 2022 after desk research, additional interviews, and a review workshop.

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Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2022-05
Online Access:https://hdl.handle.net/10855/48057
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