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Richard Muteti, HSC, CEO of CMSEO-EA and Chairman of the COMESA Business Council SMEs Work-Group, extends a warm welcome to Mr. Simon Muamba, National Chairman of the MSMEs Organization in DRC, |
By John Kariuki
The Democratic Republic of Congo (DRC) has officially joined the Confederation of Micro and Small Enterprises Organizations of East Africa (CMSEO-EA), marking a significant milestone in the region’s efforts to unify and empower the informal sector.
Richard Muteti, HSC, the Chief Executive Officer of CMSEO-EA and Chairman of the COMESA Business Council SMEs Work-Group, led the welcoming ceremony for Mr. Simon Muamba, the National Chairman of the Confederation of Micro and Small Enterprises Organization of DRC. This strategic move enhances regional cooperation and representation for micro and small enterprises, ensuring their voices are heard in policy formulation and economic development discussions across the East African Community (EAC).
CMSEO-EA serves as the regional umbrella body advocating for the interests of the informal sector, which plays a crucial role in driving economic growth, employment, and innovation. With DRC’s inclusion, the confederation is poised to strengthen cross-border trade, knowledge-sharing, and capacity-building initiatives aimed at uplifting small businesses across the region.
Richard Muteti emphasized that this partnership is expected to foster economic integration, provide greater market access, and promote sustainable business practices within the informal sector. He reiterated CMSEO-EA’s commitment to championing the rights and aspirations of small businesses, noting that DRC’s inclusion marks a significant step toward a more cohesive and empowered regional informal sector.
The move underscores the importance of regional collaboration in addressing challenges faced by micro and small enterprises while unlocking new opportunities for growth and development.
