President Yoweri Museveni has assumed chairmanship of the Common Market for Eastern and Southern Africa (COMESA) regional economic bloc.

Museveni takes over from the outgoing President of Malawi Joyce Banda who handed over the chairpersonship during the ongoing COMESA summit taking place at Speke resort hotel Munyonyo. .

Speaking after assuming the seat, Museveni called for integration of African countries through trading blocs , noting that African economies are too divided.

English: Yoweri Kaguta Museveni. (Photo credit: Wikipedia)

He says this undermines their profitability and foreign direct investment.

Museveni said that in order for trade to increase within the COMESA region, there is need to work on infrastructure development with railway links to Southern Sudan, DR Congo and Rwanda, as well as Ethiopia, Somalia and Kenya.

The summit is attended by African leaders who include Robert Mugabe of Zimbabwe,

Mwai Kibaki of Kenya, Joyce Banda of Malawi, Dr. Ikiliou Dhoinine of  Comoros and Ethiopian Prime Minister Hailemariam Desalegn among other heads of delegations.