Tag: East Africa
East African Community Pursues Political Confederation Amid Remittance Challenges
At the 24th Ordinary Summit of the East African Community (EAC) Heads of State on November 30, 2024, leaders focused on two major issues:
EALA now calls for sanctions on member states over defaulting
The East African Legislative Assembly is now calling on the Council of Ministers to invoke the relevant Treaty provisions to sanction the Partner States that have failed to meet their financial obligations to the Community.
UNCTAD: Foreign Direct Investment in East Africa declines
Foreign Direct Investment (FDI) inflows to East Africa fell by 14% in 2018, this is according to the UN Conference on Trade...
EALA to cooperate with ATT to eradicate illicit trade of weapons
The East African Community Legislative Assembly (EALA) is set to cooperate with the International committee of the Red Cross (ICRC) to advocate for the partner states to ratify the Arms Trade Treaty (ATT) aimed at preventing, and eradicating the illicit trade in Conventional arms and prevent their diversion in the East African Community.
EABC: Burundi’s intra-regional trade declines by 4%
According to the latest figures released by the East African Business Council Burundi’s trade with the East African Community member states declined by 4.1%...