SADC News

Elias Magosi to Attend IMF World Bank 2026 Spring Meetings in Washington

H.E. Elias Magosi, Executive Secretary of the Southern African Development Community (SADC), will attend the IMF and World Bank Group 2026 Spring Meetings scheduled for April 13 to 18, 2026, in Washington, D.C. The SADC leader will participate in official sessions and engage in high-level bilateral and multilateral meetings on the margins to advance the region's economic priorities. The meetings, themed 'Building Prosperity Through Policy,' bring together finance ministers, central bank governors, and other stakeholders to discuss global economic issues including debt sustainability, climate finance, and inclusive growth.

High-Level Engagement Meetings for DRC Accession to SADC Protocols

The SADC Secretariat, in collaboration with the German Government through the GIZ-CESARE Programme, will convene High-Level Engagement Meetings in Kinshasa, Democratic Republic of Congo from 27 April to 01 May 2026. The five-day workshop aims to advance DRC's accession to three key SADC Protocols: the Protocol on Trade (1996), the Protocol on Transport, Communication and Meteorology (1996), and the Protocol on Trade in Services (2012). Ministers, legislators, senior government officials, private sector leaders, and technical experts will participate across political engagement sessions and technical sessions.

SADC Executive Secretary Strengthens Global Partnerships at IMF–World Bank Spring Meetings

H.E. Elias Magosi, Executive Secretary of the Southern African Development Community (SADC), participated in the IMF–World Bank Group Spring Meetings from April 13–18, 2026, in Washington, D.C. The Secretariat manages a programme portfolio valued at US$31,566,210 across statistics, climate resilience, groundwater management, and energy sectors. The World Bank committed US$292 million for the Zambian portion of the Zambia–Tanzania Interconnector and US$12 million for Phase Two of the SADC Regional Energy Transmission, Trade, and Decarbonization (RETRADE) Programme running until December 2028. Engagements included discussions on Zimbabwe's Arrears Clearance and Debt Resolution Roadmap, the African Continental Free Trade Area (AfCFTA), and health financing initiatives amid reductions in Official Development Assistance.