East African Community
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Cooperatives & Communities
Uganda to issue inaugural sovereign sukuk
KAMPALA, May 12, 2026 — The Government of Uganda is in advanced stages of issuing the inaugural Sovereign Sukuk to finance 15 percent of the total cost of Euro 2.7 billion required…
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AFC opens Nairobi office, targets additional US$ 2bln in regional investments
NAIROBI, April 24, 2026 — The Africa Finance Corporation [ AFC ] and the Government of Kenya have signed a Host Country Agreement establishing AFC’s first regional office in Nairobi, strengthening the…
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EAC Heads of State to Convene 25th Ordinary Summit in Arusha
KAMPALA, March 2, 2026 — The East African Community [EAC] Heads of State are set to convene for the 25th Ordinary Summit of the EAC Heads of State on March 7, 2026,…
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25th EAC MSMEs Trade Fair underway in Nairobi
KAMPALA, November 14, 2025 — The 25th East African Community [EAC] Micro, Small and Medium Enterprises [MSMEs] Trade Fair is underway at Uhuru Gardens in Nairobi, attracting more than 2,000 exhibitors from…
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EAC trade soars to US$ 38.2bln in Q2 2025 as exports surge 40 percent
KAMPALA, November 12, 2025 — The East African Community [ EAC ] recorded a strong upswing in international merchandise trade during the second quarter of 2025, underscoring the region’s resilience and growing…
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Uganda’s economy demonstrates resilience as exports under pressure – report
KAMPALA, October 20, 2025 — Uganda’s economy continued to show resilience and adaptability through September 2025, despite a backdrop of tightening global conditions. Key indicators reflected a complex picture of rising credit…
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Defence ministry engages Bunyoro Kingdom on Climate Change and Environmental Security Strategy
HOIMA, August 25, 2025 — The Ministry of Defence and Veterans Affairs [MoDVA] recently engaged Bunyoro-Kitara Kingdom to seek its input in the development of Uganda’s Climate Change and Environmental Security Strategy…
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EAC posts US$ 0.8 billion trade surplus in Q1 2025 as exports surge by 47 percent
KAMPALA, August 8, 2025 – The East African Community [EAC] recorded a trade surplus of US$ 0.8 billion in the first quarter of 2025, compared to a trade deficit of US$ 4.0…
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EAC tables US$ 109.3mln budget estimates before EALA for the 2025/2026 FY
ARUSHA, June 25, 2025 — The East African Community [EAC] has tabled before the East African Legislative Assembly [EALA] the budget estimates for the 2025/2026 financial year [FY] totaling US$109,338,151 [approximately Ushs…
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AfDB grants US$ 75mln loan to strengthen skills in prevention and treatment of cardiovascular diseases in Tanzania
DODOMA, December 3, 2024 — The Board of Directors of the African Development Bank approved a loan of US$ 75 million to Tanzania to fund the second stage of the Centre of…
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