East Africa could soon become Africa’s economic powerhouse if ongoing plans to expand the seven-member East African Community (EAC) are implemented successfully, as latest figures from the International Monetary Fund (IMF) indicate. The EAC’s gross domestic product is expected to hit $346.17 billion in 2023, according to the IMF’s latest forecast, which can be attributed […]
The East African Community (EAC) last year exported agri-food products worth a staggering 2.16 billion Euros to the European Union, according to a recent report by Eurostat, which highlights the success story of a collaboration between both partners that contributes to the EAC’s economic development. According to Eurostat, the EU’s statistics authority, the volume of […]
Russia and Turkey Wednesday vowed to collaborate and work towards the stability of Libya where both countries back rival sides. “Everyone must contribute to the full stabilization of Libya,” Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday at a joint press conference with his Russian counterpart Sergej Lavrov in Ankara. “We no longer want competition […]
