NEWS
Hope for Somalia as it joins East Africa trade block

After three decades of war and years of grappling with Economic crisis, Somalia has joined the East African Community (EAC).
Somalia was admitted on Friday into the EAC as the eighth member of the bloc.
In a move to boost its economy, President Hassan Sheikh Mohamud said the decision offers “hope for a future of opportunities and prosperity”.
Somalia’s Minister of Information, Daud Aweis said it would give the country opportunities to partner with the international community.
According to BBC, negotiations between the EAC and Somalia began in August hosted by the Kenyan government.
The decision to admit Somalia was made after a meeting of heads of member states in Arusha, Tanzania.
The East African Community is aiming to expand its market size as it hopes to integrate all countries in the Horn of Africa.
Earlier this year, EAC Secretary General Peter Mathuki hinted that Djibouti and Ethiopia would also join the bloc.
The Democratic Republic of Congo joined in March 2022.
Before now, the EAC consists of seven countries: Burundi, the DR Congo, Kenya, South Sudan, Tanzania, Rwanda and Uganda.
SOURCE: FRCN
Discover more from Asiwaju Media
Subscribe to get the latest posts sent to your email.
-
POLITICS5 days ago
Nwifuru, Umahi Celebrate President Tinubu at 73
-
POLITICS7 days ago
EBHA Approves Referendum for 12 New LGA In Ebonyi
-
POLITICS7 days ago
Nwanchor Inaugurates Town Union Presidents in Ebonyi
-
EDITORIAL5 days ago
Where Is Dimeji Bankole NOW ?
-
POLITICS6 days ago
Umahi Accused Of Demanding Hot $3x From Popular Business Woman
-
CAMPUS REPORTS4 days ago
Upload your results or lose admission, JAMB tells Direct Entry candidates
-
NEWS4 days ago
We Removed FCT From TSA To Speed Up Development – Tinubu
-
TECH4 days ago
OpenAI faces tight deadline to secure $40bn SoftBank funding
-
ENTERTAINMENT7 days ago
“How I was left Stranded At Eko Hotels in 2019 ” – Ebonyi-Born Mc
-
POLITICS3 days ago
Mgboko Lauds Gov. Nwifuru’s Transformative Agenda
-
NEWS4 days ago
Lawmakers decry prolong detention of inmates in Abia prison
-
NEWS5 days ago
Edo community in Kano condemns Uromi killings, calls for Justice