Tag Archives: eac

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 …

Harare, Zimbabwe | THE INDEPENDENT |  The Heads of State and Government of the East African Community (EAC) and the Southern African Development Community (SADC) will convene their second joint Summit on Monday to address the critical security situation in the Democratic Republic of the Congo (DRC). According to a …

The region has made a remarkable recovery from the impacts of COVID-19, recording approximately 8.5 million international tourist arrivals in 2024, surpassing pre-pandemic levels of 7.7 million in 2019 Kampala, Uganda | AGENCIES | For the first time, the East African Community (EAC) will participate as a unified entity at the …

But stakeholders urge the lender to accelerate private sector growth through affordable interest rates currently capped at 15% per year   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Finance Minister, Matia Kasaija, has urged the East African Development Bank (EADB) to implement strategies that ensure affordable interest rates for borrowing, enabling …

Kinshasa, Uganda | THE INDEPENDENT | A ceasefire order issued by East African Community (EAC) and Southern African Development Community (SADC) heads of state has hit a major obstacle after M23 rebels captured the Kahele Centre, located 40 kilometers from Bukavu City in the South Kivu province of eastern Democratic …