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EAC

East African Community


AfCFTA ratification process slow – official
Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the protocol on the movement of people.The agreement has, thus far, been signed by fifty-four of the fifty-five African Union (AU) member states.
Fears Kenya deal with US could hurt regional trade
The pursuit of a new trade pact between Washington and Kenya is eliciting old fears on whether it could hurt adherence to obligations under the East African Community, and hence continental ambitions for more commerce.
Kenya rattled as Britain rejects new EAC tariffs
The UK has demanded that Kenya abide by the provisions of the Economic Partnership Agreement and that its exports to Kenya be exempted from the newly raised East African Community tax charges.
The not-so-hidden cost to “mega” energy deals : the Energy Charter Treaty (ECT) in East Africa (in conversation with Olivia Costa and Brenda Akankunda)
The ECT Secretariat, whose survival depends on continuation of the treaty, continues to lobby these countries to take additional steps towards acceding to the Energy Charter Treaty.
EAC-COMESA-SADC tripartite not ratified 7 years on
The EAC-COMESA-SADC Tripartite FTA agreement has a total of 29 member countries representing 53% of the AU membership and more than 60% of the Africa Continent GDP ($1.88 Trillion) with a population of over 800 million people.
EAC states challenged on trade agreements
The East African Community (EAC) partner states have been challenged to increase their volume of transactions under regional and international trade agreements.
EAC common market scorecard falls short of expectations
Currently, trade between partners is at 20 percent, lower than the expectations of leaders at the time of the launch. EAC members are trading more with countries outside the bloc than partner states..
EAC member states split over African trade pact regulations
The draft ministerial regulation states that goods produced in SEZs shall be treated as originating goods provided they satisfy the rules of origin, member states are yet to agree on import duties being paid on the inputs of these products.
Kenya to lose highest revenue in continental trade agreement- research
“Kenya will incur the largest loss at $14.2 million, followed by Uganda at $13.5 million. Tanzania is estimated to register revenue loss of $5.3million, Burundi $4.3million and Rwanda $ 3.9,” the Economic Policy Research Center (EPRC)shows.
Long-awaited Africa free trade area takeoff delayed by six states
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
EAC eyes trade-in-services under AfCFTA Agreement
The East African Community (EAC) is developing a strategy to boost trade-in-services, which will position the bloc better in the negotiations of service liberalisation at the continental level.
Civil society position on the East African Community (EAC)-European Union (EU) economic partnership agreement (EPA)
We the members of the East African Trade Network (EATN) call upon the Government of Tanzania and the East African Community (EAC) not to waver and be stampeded into signing the EPA.
EAC working with EU technical groups on Economic Partnership Agreements (EPAs)
The EAC Partner States are currently engaging in internal consultations with a view to ensuring that they are involved in the EAC-EU Economic Partnership Agreements (EPA).
EU and Kenya advance talks on interim Economic Partnership Agreement with sustainability provisions
The EU and Kenya agreed to advance negotiations on an interim Economic Partnership Agreement. The iEPA will be complemented by binding commitments on environmental protection, climate and labour rights.
EU will have to wait for East Africa regional bloc trade pact
Signing the long-awaited economic partnership agreement with the East African Community (EAC) regional bloc remains off the agenda, according to the Tanzanian Ministry of Investment, Industry and Trade.
Relief as Tanzania agrees to approve EU trade deal
The East African Community could finally sign the new Economic Partnership Agreement (EPA) with the European Union this month as a bloc after Tanzania changed its initial stance.
The AfCFTA Investment Protocol: preparations for the negotiations and expectations
The preparations for the negotiations of the Investment Protocol under the AfCFTA agreement (The Agreement) are already underway though still in the early stages.
Tanzania leads East Africa in drawing American investments
Total foreign direct investments from the US to Tanzania was $1.5 billion in 2019. Tanzania is followed by Kenya - which received $353 million in the same year.
Inside the French push for stronger trade with Kenya
France-Kenya ties have intensified during the tenures of presidents Kenyatta and Macron. Franck Riester, France Minister Delegate for Foreign Trade and Economic Attractiveness, is leading a delegation to Kenya for a two-day visit.
Xiplomacy: Xi-proposed "eight major initiatives" facilitate China-Africa trade
At the opening ceremony of the Beijing Summit of the Forum on China-Africa Cooperation held in September 2018, Chinese President proposed that China would launch eight major initiatives in close collaboration with African countries.