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The EADB is the first regional bank to be established in Sub-Saharan Africa with its initiation in 1967. [15] Moreover, in November 2014, the Association of African Development Finance Institutions ranked EADB, "the best performing development finance institution in Africa" for the second consecutive year, with an AA rating.
The Eastern Africa Council of Ministers of Defense and Security. The Council, which congresses at least twice a year, manages all aspects relating to EASF, appoints the Director and Heads of departments of EASFCOM as well as the Commander of EASBRIG. The Eastern Africa Committee of Chiefs of Defense Staff (EACDS)
East Africa is the fastest growing region in Africa. [4] The region has also seen rapid growth in tourism with Tanzania and Kenya pioneering tourism due to safari parks. Nairobi and Addis Ababa are the main financial hubs in East Africa. [5] Ethiopia and Kenya account for 55% of East Africa's GDP. East Africa accounts for 18% of Africa's GDP.
As of January 2018, it held over 800,000 ads, attracting over 160,000 sellers and 7 million original users per months, who look for bargains in cars, [2] household goods, mobile phones, [3] cosmetics, toys, pets, livestock, electronics, [1] services, and most recently, to look for jobs by searching through job vacancies.
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. [1]
The African Free Trade Zone (AFTZ) was announced on Wednesday October 22, 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). In May 2012 the idea was extended to also include ECOWAS, ECCAS and AMU. [11]
The Intergovernmental Authority on Development was established in 1996. It succeeded the earlier Intergovernmental Authority on Drought and Development (IGADD), [note 3] a multinational body founded in 1986 by Djibouti, Ethiopia, Somalia, Sudan, Uganda and Kenya, with a focus on development and environmental control.
The East African Community (EAC) is an intergovernmental organisation in East Africa. The EAC's membership consists of eight states: Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda, and Tanzania. [5] William Ruto, the president of Kenya, is the current EAC chairman.