EAC exports to Africa soar to $7.9 billion in 2021
Tanzania, Jan. 23 -- Arusha. Exports from the East African Community (EAC) bloc to Africa soared to $7.9 billion in 2021 in spite of Covid-19 impact.
They comprised 42 percent share of the region's total exports of goods to the world which was $18.7 billion during the period.
Top EAC exports to Africa included precious stones, coffee, tea, cement, animal fats, mineral oils and iron and steel.
This was revealed in Kigali, Rwanda last week during a private sector sensitisation workshop on African Continental Free Trade Area (AfCFTA).
It was organised by the East African Business Council (EABC), an apex body of private sector associations in collaboration with GIZ, a German aid agency.
Speaking during the event, EABC executive director ...
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