The East African Community (EAC) is grappling with a financial crisis for the third time in the 2024/25 fiscal year, as all member states—except Kenya—have yet to fully remit their budget contributions. This shortfall has caused delays in key programs and hindered development efforts. Burundi, the Democratic Republic of Congo, Rwanda, South Sudan, Somalia, Tanzania,…...
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East African Community (EAC) Faces Funding Crisis as Most Member Countries Struggle with Arrears
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Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.
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