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The East African Community (EAC) is an intergovernmental organisation in East Africa. The EAC's membership consists of eight states: Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda, and Tanzania. [5] William Ruto, the president of Kenya, is the current EAC chairman.
Shaped by global plate tectonic forces that have created the East African Rift, East Africa is the site of Mount Kilimanjaro and Mount Kenya, the two tallest peaks in Africa. It also includes the world's second largest freshwater lake, Lake Victoria, and the world's second deepest lake, Lake Tanganyika.
The leaders of the three AFTZ trading blocks, COMESA, EAC, and SADC, announced the agreement, with the aim of creating a single free trade zone to be named the African Free Trade Zone, consisting of 26 countries with a GDP of an estimated US$624bn (£382.9bn).
The East African Federation (Swahili: Shirikisho la Afrika Mashariki) is a proposed federal sovereign state consisting of the eight member states of East African Community in the African Great Lakes region – Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, Somalia, South Sudan, Tanzania and Uganda. [6]
Flag of East African Community. Countries of the East African Community (EAC) include the Democratic Republic of the Congo, Kenya, Tanzania, Burundi, Uganda, Rwanda, and South Sudan. These nations fall below par in different measures of economic activities such as GDP per capita, population below the poverty line, unemployment, and trade.
The hosting government and the COMESA Secretariat bear joint responsibility for their organization. Whilst the hosting country assumes the chairmanship of the Authority for the year, an Extraordinary Summit can be held at the request of any member of the Authority; so long as one-third of the members of the Authority support such a request. [7]
Uganda is a member of the East African Community (EAC), along with Kenya, Tanzania, Rwanda, Burundi, and South Sudan. According to the East African Common Market Protocol of 2010, the free trade and free movement of people is guaranteed, including the right to reside in another member country for purposes of employment.
The TFTA entered into force on July 25, 2024, after the requirement of 14 countries ratifying the agreement had been met. [ 2 ] [ 4 ] The 14 countries that now trade under the TFTA are Angola, Botswana, Burundi, Egypt, Eswatini, Kenya, Lesotho, Malawi, Namibia, Rwanda, South Africa, Uganda, Zambia and Zimbabwe, accounting for 75% of tripartite ...