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Nicodemus Minde, Researcher, United States International University

East African Community’s expansion has triggered financial troubles: why solutions come with risks

The East African Community is one of Africa’s oldest regional economic organisations. Its birth in 1967 was the culmination of decades of economic ties forged in the colonial era between Kenya, Uganda and Tanzania. It’s no surprise that the EAC is also the most deeply integrated regional entity.

In its heyday between 1967 and 1977, the bloc shared a common currency, jointly operated a development bank and administered its transport infrastructure as one. There was a common education policy with a single syllabus and examining body as well as the University of East Africa with specialised colleges in the three countries.

Political friction and conflicting priorities, among other factors, led to its collapse in 1977 but it was revived in 1999. Citizens within the bloc currently benefit from free movement of goods, services, labour and capital, along with the rights of establishment and residence. Unmet objectives include the return of a common currency and a political federation.

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