39.8 Million Euro Grant from Germany to East African Community for Regional Integration
Latest Tanzania trade news · 39.8 Million Euro Grant from Germany to East African Co… explained · updated Aug 13, 2026 · breaking news · latest updates · explained
TLDR
- ARUSHA: THE German government has committed 39.8 million Euros (121.8bn/-) in grants to the East African Community (EAC) to support regional integration, trade and economic development, including improving access to.
- She added that both sides agreed to prioritise advancing trade and economic integration across East Africa, backed by the 39.8 million Euro grant.
- The funding was announced on Tuesday at the EAC Headquarters in Arusha during a signing ceremony between the EAC Secretariat and the government of Germany, marking renewed cooperation to advance the bloc’s integration.
- East Africa is the fastest growing region, recording a 14 per cent increase in intra-EAC trade, alongside rising trade volumes within the AfCFTA and beyond the continent.
- As we roll out the 7th EAC Development Strategy, renewing our cooperation with Germany is critical.