Course summary (East African Community EAC)
Customs, market and economic union. East African Development Bank (EADB). Economy, foreign trade. Rwanda Burundi Arusha.
The East African Community (EAC) is the regional
intergovernmental organisation of the Republics of
Kenya, Uganda, the United Republic of Tanzania, Republic of Rwanda and Republic of Burundi with its headquarters in Arusha, Tanzania. Population: 126.2
million (2008)
The East African Community (EAC) aims at widening and deepening co-operation among the partner
states in, among others, political, economic and social fields for
their mutual benefit. To this extent the EAC countries established a
Customs Union in 2005 and are working towards the establishment of a
Common market by 2010, subsequently a Monetary Union
by 2012 and ultimately a Political Federation of the East African States.
Example of the course East African Community (EAC):
The realization of a large regional economic bloc encompassing Burundi, Kenya, Rwanda, Tanzania and Uganda with a combined population of more than 125 million
people, land area of 1.82 million sq kilometers and a combined Gross Domestic
Product of $60 billion (2008), bears great strategic and geopolitical
significance and prospects of a renewed and reinvigorated East African
Community.
The East African Development Bank (EADB) was established in 1967 under the
treaty of the then East African Cooperation. Following the break up of the
community in 1977, the Bank was re-established under its own charter in 1980.
EADB is owned by the four member states of Kenya, Uganda, Tanzania and Rwanda.
Other shareholders include the African Development Bank (AfDB), the Netherlands
Development Finance Company (FMO), German Investment and development company
(DEG), SBIC-Africa Holdings, Commercial Bank of Africa, Nairobi, Nordea Bank of Sweden, Standard Chartered Bank, London and Barclays Bank Plc, London.
EAC, East, African, Community, Africa, Kenya, Uganda, Tanzania, Business, East African, Development Bank, EADB, Customs, Market, Economic, Union, Economy, foreign trade, Rwanda, Burundi, Arusha, Master, international business
EENI International Business
Course learning materials: 
