“It (the DRC) has a lot of resources joining the East Africa Community adds more to microeconomic conditions and microeconomic stability of the region in terms of foreign earnings and attracting investments in the region for wider economic growth,” Munyambonera said. Working together, we have more to gain than when we are separate,” Kenyatta said.Įzra Munyambonera, an economic researcher at the Economic Policy Research Center, says Congo’s addition to the EAC will benefit all the countries in the bloc. We look forward to joining hands in strengthening our community together. “I proudly and warmly welcome our brothers and sisters from the Democratic Republic of Congo to the East African Community. Kenyan President Uhuru Kenyatta spoke, stressing cooperation as the group's cornerstone. The leaders of Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda welcomed Congo to the East African Community in a ceremony Monday. The 90 million people in the Democratic Republic of Congo will be able to move freely and do business in six other African countries.
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The regional trade bloc, which includes Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda, now reaches a quarter of Africa's population, stretching from the Indian Ocean to the Atlantic. The Democratic Republic of Congo this week became the seventh country to join the East African Community.