East Africa: Germany Gives Shs157 Billion to Support EAC

Monday October 5, 2015

File: Germany National Flag

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Kampala — The Federal Republic of Germany has committed €37m (about Shs157b) in grants to support the East African Community (EAC) integration.

The two-year grant will go into the partnership fund as well as into developing regional infrastructures in pharmaceuticals and elimination of non-tariff barriers such as tax harmonisation.

Other areas to benefit will be channelled towards the establishment of regional networks of reference laboratories for communicable diseases while the other beneficiaries will be the regional improvement of water resources.

Speaking during the negotiations, the EAC deputy secretary general in charge of finance and administration, Mr Liberat Mfumukeko, said: "German support which has catalysed other development Partners to support our projects and programmes."

German-supported successes

Mr Mfumukeko also highlighted the successes achieved through German support in the realisation of the fully fledged customs union, the common market, and the commitment towards the realisation of the monetary Union in the succeeding programme.

The head of the German delegation, Mr Georg Rademacher said: "Our support underlines the importance we give to the East African Community. The EAC is a role model and pace-setter in Africa and we are proud working closely with you in order to contribute to the well-being and prosperity of the citizens of this region."

Tit bits

Disease fight. €10m in financial assistance will be invested in the establishment of a regional network of reference laboratories for communicable diseases.

Water management. Another €10m in financial assistance will be used for integrated water resource management of Lake Victoria aiming at improving water provision and management of water resources.

Integration.€17m in technical assistance was committed to further support of the economic integration process, including a contribution to the EAC partnership fund.

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