The DRC is now officially part of the East African Community (EAC)!
The country becomes the 7th member of the customs and trading bloc. The other members are Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda. EAC will have a single currency by 2024. EAC has a single passport that entitles citizens to work and trade in other EAC countries. EAC contains 5 cities with populations of over one million.
As of July 2015, the combined population of all five EAC member states was 169,519,847. English is designated as the official language of the EAC.
/africa/
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>EAC Regional Infrastructure Development
>Infrastructure is one of the most critical enablers of a successful regional integration, taking into account its importance in facilitating activities such as trade, agriculture, tourism and the movement of labour and other resources.
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>Why Congo is joining East African Community. >What benefits will it get
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>Regional blocs operate on the principle of liberalisation of the market and removal of market barriers.
>Liberalisation has the effect of opening up markets to fair competition. This in the long run is good both for regional trade and the consumers.
how did Congo get let in? At least the other EAC members can be considered states, the Congo is just a shitshow. No way an East African Federation will be able to get off the ground with the DRC in it
>Because DR Congo has 52% of Africa’s surface water reserves and 23% of Africa’s internal renewable water resources, them joining the East African Community means over 75% of Africa’s surface water is now in the EAC.
>DR Congo has also recently declared that they will stop the exportation of their raw mineral resources. According to the country authorities, none of their raw minerals will ever be processed outside Africa again.
>The country becomes the 7th member of the customs and trading bloc
what do they trade? rape and aids?
Congo needs the stability and infrastructure the bloc brings. Roads, rail lines and accountable institutions are the first step to that.
>East Africa Bloc Becomes $250 Billion Market as Congo Joins
>The Democratic Republic of Congo joined the East African Community, bringing the regional trading bloc’s market size to a quarter of the continent’s population and providing it with access to the Atlantic Ocean. The mineral-rich nation became the EAC’s seventh member after heads of state agreed to its request to join the $193.7 billion group. The bloc’s common market, which groups 177 million people, provides for free movement of goods, people, labor, services and capital among partner states Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda. “Working together, we have more to gain,” Kenyan President and current EAC Chairman Uhuru Kenyatta said after a virtual summit that brought together the community’s six existing members. “We are fully aware of the social and economic benefits realizable from a strong regional bloc in this globalized world.”
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>DRC has 90M people
>Untapped deposits of raw minerals
>The Congo Basin (World’s 2nd largest rain forest)
>70% of the world's Coltan
>Half of the world's cobalt
>its untapped deposits of raw minerals are estimated to be worth in excess of US$24 trillion
DRC/Democratic Republic of the Congo. To understand why it has this name, you have to go back in history to when it was owned by the Belgian King Leopold. It was called Congo Free State then it changed to Belgian Congo then to Republic of the Congo then to Republic of Zaire then to Democratic Republic of the Congo (DRC).
It is also called Congo-Kinshasa by French people to differentiate it from the much smaller Congo-Brazzaville which is also called Republic of the Congo.
not even the Prussia of Africa could stabilise the DRC
My God! First BRICS now this! EU and US really need to watch their back!
good for them a stronger africa means a weaker globohomo
ok Juarez
There's strength in unity.
>The East African Monetary Union (EAMU) is an important stage in the process of East African Community (EAC) Regional Integration. The EAMU Protocol was adopted in accordance with the EAC Treaty and signed on 30th November 2013; it lays groundwork for a monetary union within 10 years and allows the EAC Partner States to progressively converge their currencies into a single currency in the Community.
>In the run-up to achieving a single currency, the EAC Partner States aim to harmonise monetary and fiscal policies; harmonise financial, payment and settlement systems; harmonise financial accounting and reporting practices; harmonise policies and standards on statistical information; and, establish an East African Central Bank.
>DR Congo has plans to make the most of its resources in cobalt, nickel, lithium and manganese by building battery cathode precursor factories in the Haut-Katanga Special Economic Zone. The United Nations Economic Commission for Africa will lend a hand.
>DR Congo and 6 East African Countries to form single Currency
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Religions in the EAC:
Christianity (76.04%)
Islam (14.06%)
Other (Hinduism, Buddhism, etc.) (4.6%)
Traditional African religions, Animism (4.24%)
No religion/Unspecified (1.6%)
>Mombasa has the East African Community's busiest port.
>However, the construction of a new port in Kenya, known as the Lamu Port is underway. It is expected to cost US$22 billion, which will make it the biggest port in all of Africa.
>Upon completion the Bagamoyo port under construction in Tanzania will be the second largest port in Africa, with a capacity to handle 18.9 million cargo containers a year.
>Ethiopia Kenya South Sudan Fast Track $25 Billion Lapsset Infrastructure Project
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Newly constructed skyscraper in Nairobi, Kenya
>THE GRAND OPENING OF THE TALLEST SKYSCRAPER IN EAST AND CENTRAL AFRICA: GTC (GLOBAL TRADE CENTRE)
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Construction process:
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Modern, Singapore style affordable housing under construction, Kenya
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Kenya National Research and Referral Hospital
under construction. Photos of progress:
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seems like this would be an oversized nigger version of Lebanon with a Muslim v christian v assorted sectarian globohomo sponsored “freedom fighters” civil war bein inevitable.
New neighbourhoods, recently constructed in Kenya
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Looks great wth
Someone tell the American Negro that this area of the world is giving away money for being a nigger.
>one hundred sixty nine trillion niggers
New IT hubs, industrial parks and factories, Kenya
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It does indeed.