Home East AsiaBusinessEast Africa trades more with its African peers than with EU, Asia

East Africa trades more with its African peers than with EU, Asia

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Sunday May 12 2024

The seven countries in the region increased their trade with the rest of Africa by $584.6 million to $4.3 billion in the fourth quarter of 2023, latest data by the EAC Secretariat shows.

East African Community (EAC) member states are increasingly trading with one another and with other African countries, while reduce their trade with Europe, Asia, and other parts of the world, shaping the intra-Africa trade dream projected to boost commerce and livelihoods on the continent.

The seven countries in the region (as of…



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