The East African Community said it’s considering a non-binding trade and investment agreement proposed by Turkey.
The East African Community said it’s discussing the possibility of building a pipeline to carry Tanzania’s natural gas to other members of the bloc.
Kenya, Uganda and Tanzania plan to allocate money in their annual budgets to spur investment in infrastructure to exploit oil and natural gas from deposits that companies including Tullow Oil Plc are developing.
The five member countries of the East African Community plan a $74 billion investment program which will spur growth, Ugandan President Yoweri Museveni said.
The East African Community appointed Rwandan Health Minister Richard Sezibera as its new secretary-general, replacing Tanzania’s Juma Mwapachu , whose five-year term ends this month.