East African Community Faces Financial Turmoil Amid $58 Million Debt
As of March 2025, the East African Community (EAC) Secretariat has disclosed a troubling figure: member states collectively owe a staggering $58 million in contributions. This financial shortfall has sparked significant challenges for the bloc, leaving many to ponder the future of regional cooperation in East Africa.
The pressing financial situation was the focal point of a recent meeting held by the EAC Council of Ministers in Arusha, Tanzania. There, leaders gathered to confront the crisis laid bare by a…