Tag Archives: eac

Kampala, Uganda | Xinhua | The East African Community (EAC) has officially launched the EACBond, a groundbreaking regional customs guarantee instrument designed to streamline the movement of goods across member states. Unveiled Monday in the Ugandan capital of Kampala, the EACBond replaces multiple national customs bonds with one unified system, …

  Arusha, Uganda | THE INDEPENDENT | Unlocking domestic capital to drive infrastructure development across the East African Community (EAC) is crucial for sustaining economic growth in the region. The EAC faces an infrastructure deficit currently estimated at an annual $42 billion, for modernising transportation, energy, and communication systems. This …

Arusha, Tanzania | THE INDEPENDENT | The East African Community and regional leaders have condemned the recent business restrictions imposed by the Tanzanian government. On Tuesday, Tanzania issued a new regulation, the Business Licensing (Prohibition of Business Activities for Non-Citizens) Order, 2025, restricting foreigners from participating in certain business sectors. This order, effective …

Kampala, Uganda | THE INDEPENDENT | The East African Community has grappled with the issue of non-tariff barriers (NTB) or barriers to trade for as long as it has existed, despite the existence of what experts see as adequate legal frameworks. All the countries, at least going by the proclamations …

According to the EAC Secretariat, trade among the seven member states and the rest of Africa rose by $584.6 million to $4.3 billion in the fourth quarter of 2023 compared to the same period in the previous year Kampala, Uganda | THE INDEPENDENT | East African governments are under mounting pressure …

KAMPALA, UGANDA | THE INDEPENDENT | The Central Bank governors from the East African Community (EAC) have approved the regional cross border payments system master plan. The EAC Cross-Border Payment System Masterplan, sets out strategic initiatives for payment systems modernisation and integration in the region. The adoption of the Master …

NAIROBI, | Xinhua | Central banks of the East African Community (EAC) member states on Friday projected regional economic growth at 5.8 percent in 2025. Kamau Thugge, governor of the Central Bank of Kenya and chairperson of the EAC Monetary Affairs Committee, said the growth outlook will be supported by …

  Kampala, Uganda | THE INDEPENDENT | The Committee on East African Community (EAC) Affairs has called for the creation and deployment of a professional joint force at entry points of all partner states so as to end border conflicts. The Committee, headed by  James Nsaba Buturo argued that despite …

Mombasa, Kenya | THE INDEPENDENT | The East African Community has moved closer towards a easing cross-border payments, with the regional validation of the Draft EAC Cross-Border Payment System Master Plan. During the EAC Regional Payment Systems Steering Committee meeting held in Mombasa, Kenya, Michael Eganza, the committee chairperson, said that …

Three former Presidents to join Uhuru Kenyatta and Obasanjo to facilitate talks to end war in eastern DRC 🟥 5-member Panel of Facilitators ✳ Olusegun Obasanjo, Nigeria ✳ Uhuru Kenyatta, Kenya ✳ Kgalema Motlanthe, S. Africa (NEW member) ✳ Sahle-Work Zewde, Ethiopia (NEW member) ✳ Catherine Panza, CAR (NEW member) Nairobi, Kenya | THE INDEPENDENT …