The FEMCOM Secretariat has a long and storied history in the world of finance. We have been pioneers in the industry for many years and are known for taking innovative steps. We are very proud of our achievements and all the people who led us here.
Establishment of FEMCOM Secretariat
In April 2009, after 16 years of operation, FEMCOM Secretariat was officially established in Lilongwe, Malawi, with the generous support by the Government of Malawi, as well as strong encouragement from the COMESA Heads of State and Government Summit in Nairobi (2008).
This establishment truly enabled FEMCOM to be a stand-alone COMESA entity, whereby its instrumental role in facilitating business linkages for its primary beneficiaries – women in business in Eastern and Southern Africa – through enhancing their capacities was reaffirmed and fostered than ever before. FEMCOM Secretariat continues to ensure strategic collaboration with the Gender and Social Affairs Division of COMESA and dedicate itself in enhancing its institutional capacities.
Board approves Medium Term Strategic Plan
September 28-29, 2009: Soon after the establishment of the Secretariat, FEMCOM Board approved its Medium Term Strategic Plan at the 3rd Board Meeting on September 28-29, 2009.
This plan had been developed based on FEMCOM’s ‘Theory of Change’ – Principle, Policy and Practice. The empowerment of women in business and development starts with an active enunciation of the principle of equality of opportunity and treatment. In order for an institution to articulate such a principle, policy-level interference or formalization of policies through necessary legislative processes must take place. The policies will then be ultimately put into practice through appropriate programming and budgetary support. In order FEMCOM to foster the sequence of these three components, it is inevitable that FEMCOM ensures dedicated resources, capable leadership, and smart partnership between its stakeholders: governments, the donor or development community, the private sector, women associations and entrepreneurs and the COMESA and FEMCOM Secretariat
FEMCOM Board Meeting and Annual General Meeting in Matsapha, Swaziland
August 2, 2010: During the 4th FEMCOM Board Meeting and Annual General Meeting in Matsapha, Swaziland in August 2010, one of the most remarkable results generated from this meeting was the agreement that FEMCOM begins to foster its ‘Holistic Cluster Approach’, designed as a means of enhancing collective efficiency, so that enterprises of similar sectors or production interests can collectively stand up to large firms, particularly by receiving holistic facilitations through FEMCOM. Such holistic facilitations include provision of infrastructure, technical assistance and training programmes.
FEMCOM participates at the 6th AFRAWE Meeting in Cairo, Egypt
April 28, 2011: FEMCOM participated at the 6th AFRAWE Meeting in Cairo, Egypt, supporting its member chapters and their trade advancement
Secretary General of COMESA, Mr. Sindiso Ngwenya signed the Host Agreements of two of the COMESA institutions based in Malawi
The Secretary General of COMESA, Mr. Sindiso Ngwenya signed the Host Agreements of two of the COMESA institutions based in Malawi; FEMCOM Secretariat and COMESA Competition Commission; and the hosting country, Government of Malawi at Capital Hotel on May 8th, 2011.
The Executive Directors of FEMCOM Secretariat and COMESA Competition Commission, Mrs. Katherine Ichoya and Mr. George Lipimile respectively co-signed these Host Agreements on behalf of their institutions. In attendance at the signing were representatives of the Government of Malawi and COMESA Legal Counsel.
FEMCOM appointed member of Private Sector Technical Committee at UNLDC international meeting in Turkey
FEMCOM was appointed as a member of private sector technical committee at United Nations Least Developed Countries (UNLDC) international meeting in Turkey, held in May 2011. FEMCOM logo was displayed on conference folders thus enhancing its visibility.
The Secretariat was represented at the Private Sector Track at the 4th United Nations LDC Forum in Istanbul, Turkey, in May 2011. The meeting renewed and strengthened partnerships for the development of least developed countries. FEMCOM took the opportunity at exploring partnerships, and a number of potential players were identified. The FEMCOM secretariat through the Executive Director was in the steering committee of the private sector. After FEMCOM participation in the conference, the office of the UN under Secretary General expressed high level of appreciation for the valuable contributions made in ensuring a successful conference. In recognition of this contribution, the FEMCOM logo was among the few that were displayed on the conference folders that are enhancing visibility of FEMCOM at the international level.
Strong support from Her Excellency Joyce Banda affirmed on the activities of FEMCOM
The former President of the Republic of Malawi Her Excellency Mrs. Joyce Banda – who was the current Chair of COMESA – was congratulated by FEMCOM on May 8, 2012, upon her ascendency to the country’s highest office.
It was expressed that FEMCOM COMESA would continue to work with Her Excellency Banda and her government in promoting women in business, lining with the provisions of the COMESA Treaty.
The Strong support from Her Excellency Joyce Banda affirmed on the activities of FEMCOM including its plans of constructing of FEMCOM Complex.