The Southern African Development Community (SADC) and the African Regional Intellectual Property Organization (ARIPO) signed a Memorandum of Understanding (MOU) today at the 7th SADC Industrialization Week in Harare. This landmark MOU aims to foster collaboration in various intellectual property (IP) areas, which are crucial for creating a favourable trade and investment climate across the region.

Speaking at the signing ceremony, His Excellency Mr. Elias Magosi, the SADC Executive Secretary, emphasised the importance of intellectual property for the bloc's economic and social development. "We are signing a very important instrument between SADC and ARIPO, and SADC recognises the importance of intellectual property rights", he said, adding that the rights of African indigenous knowledge holders and innovators must be protected.

ARIPO Director General, Mr. Bemanya Twebaze expressed gratitude to H.E Magosi and the SADC Secretariat for acknowledging that IP rights protect the people's livelihoods to transform economies. "We aim to work with SADC on technical assistance, capacity building and knowledge sharing in line with intellectual property...", said Mr. Bemanya. He noted that the collaboration was off to a great start, given that 50% of the 22 ARIPO Member States are also part of SADC.

The MOU outlines several key areas of cooperation that will guide the partnership between SADC and ARIPO, including but not limited to promoting the IP system as a tool for trade and investment; harmonisation of policies, laws, and strategies; promotion of innovation and creativity; strengthening regional and national IP administration systems; and enhancing business competitiveness for SMEs in local, regional, and international markets, amongst other areas of collaboration.

ARIPO's focus is on supporting SADC's industrialisation agenda by leveraging IP as a catalyst for industrial growth across member states.

This MOU represents a commitment from both SADC and ARIPO to work collaboratively towards achieving shared goals that benefit not only their respective member states but also significantly contribute to regional integration efforts. By combining resources, expertise, and strategic initiatives, both organisations aim to create an environment conducive to sustainable economic growth through enhanced intellectual property frameworks.