Why the East African Community May Become the Next Regional Powerhouse on the African Continent

Financely
2 min readDec 4, 2022
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The East African Community (EAC) is a regional intergovernmental organization comprising six member states: Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda.

The EAC was established in 1967 with the goal of fostering economic cooperation and integration among its member states.

In recent years, the EAC has made significant progress towards achieving its goal of regional integration.

In 2010, the EAC launched the East African Single Customs Territory, which allows for the free movement of goods and services within the region.

In 2013, the organization also introduced a common market, which allows for the free movement of labor and capital within the region.

These developments have helped to boost trade and investment within the EAC, and have laid the groundwork for further economic cooperation and integration.

In fact, the EAC is now widely regarded as one of the most promising economic blocs on the African continent.

There are several reasons why the EAC may become the next regional powerhouse on the African continent. First, the EAC has a large and growing population.

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