Why did South Sudan join the East African Community?
Thus, joining a common currency could reduce the exchange rate risk and improve the investment climate for South Sudan to develop its non-oil economy and therefore diversifying its economy overall. South Sudan’s admission to the EAC is likely to result in an increase in trade between South Sudan and the Member States.
What are the objectives of East African Community?
The EAC aims to achieve prosperity, competitiveness, security, stability and political unification in East Africa. The partner countries – Kenya, Uganda, Tanzania, Rwanda and Burundi – aim to create a political federation that would expand and reinforce economic, political, social and cultural integration.
What are the benefits of East African Community?
Benefits of the EAC Integration
- A wider market with a combined population of over 160million people and GDP of about US$170billion.
- Freedoms under Common Market.
- Safeguarding the region from international economic shocks.
- A Common External Tariff in place to protect the community’s domestic industries.
Is Ethiopia in the East African Community?
East African countries (19) – Burundi, Comoros, Djibouti, Ethiopia, Eritrea, Kenya, Madagascar, Malawi, Mauritius, Mozambique, Réunion, Rwanda, Seychelles, Somalia, Somaliland, Tanzania, Uganda, Zambia, and Zimbabwe.
What is South Sudan religion?
South Sudan does not have an official religion and estimates on the numbers of followers of various faiths are unavailable. However, the majority of the South Sudanese population follows Christianity, often intermingled with traditional cultural practices. The Catholic and Anglican churches are most popular.
Is Sudan East African?
The East African countries of Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda are the six countries that are members of the EAC.
What is the capital of East Africa?
Countries, capitals and largest cities
|Country||Capital||Largest city by population|
|Horn of Africa|
|Ethiopia||Addis Ababa||Addis Ababa (2,739,551; 2007 est.)|
What are the challenges of East African Community?
Constraints and challenges of the EAC Agriculture sector
- Poor Governance.
- Inadequate legal and regulatory framework.
- Inadequate access to productive resources.
- Inadequate participation of local communities.
- Poor physical infrastructure and utilities.
- Weak institutional framework.
- Low public expenditure.