The East African Community has received a US$15 Million grant from the government of Sweden which will be used in infrastructural development projects such as ports, improvement in the bloc’s border crossings and support growth of the region’s private sector.
A Swedish diplomat Björn Häggmark, said, “This additional core investment underlines Sweden’s commitment to East African integration.”
He added that East Africa’s potential has never been greater; “East Africa is an increasingly important and vibrant player in the world economy. It must also be remembered that integration is not only about economics; integration does also enhance peace and stability.”
This was said during after the signing of a contribution agreement between the government of Sweden and TradeMark East Africa.
Swedish government pledged continued support to the East African Community to realise its agenda.
Leave a Reply