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Quick Facts

Total area (incl. water): 1.82 million sq. km
Population: 126.6 million
GDP (at current prices): $73 billion
Av. GDP per capita: $506
Source: EAC Facts & Figures Report 2013
For all stats, go to EAC Statistics Website

Regional Integration Support Programme (RISP)


The Regional Integration Support Programme (RISP) is funded by the EU and is financed through a Contribution Agreement signed on 22 July 2005 between COMESA and the EU from 2005 - 2009. It was established under the 9th European Development Fund (EDF) focal area Economic Integration and Trade.

Currently, the primary beneficiaries of the programme are COMESA and EAC with the EAC accessing funds from the EU through a Memorandum of Understanding signed in August 2005 with COMESA.

The goal of the programme is to contribute to the Eastern and Southern Africa and Indian Ocean region’s integration process. More specifically, the purpose of the programme is to develop the capacity of Regional Integration Organisations and their member states in formulating, implementing and monitoring policies for the regional integration agenda.

The following are the 9 Key Result Areas of the programme:

(i)  Implementation of the EAC Customs Union
(ii)  Improved trade negotiating capacities in Eastern Southern Africa Member States
(iii)  Development of capacities to develop standards and meet Sanitary and Phyto  Sanitary requirements
(iv)  Improved and harmonised production of statistical data and improved capacities    at the national statistical bureaux and in the regional organisations and improved    capacity in member states to undertake trade policy impact analysis
(v)  A system of harmonising and coordinating regional programmes and     policies at the national level and improving effectiveness of regional     programmes and reducing duplication
(vi)  Strengthened monetary and fiscal policy co-operation
(vii)  Improved tax policy and capital market harmonisation
(viii) Co-ordination of RISP implementation and institutional capacity building
(ix)  Development and implementation of a Transport and Communication     Strategy, a Priority Investment Programme and a Programme Finance     Facility.

Funding
The following are the disbursements to EAC to date:

 Financial Year Disbursement
 FY 2006 USD 650,000
 FY 2007 USD 3.5 Million
 FY 2008  USD 4 Million 
           
Financial Year 2009
The RISP Work Plan and Budget for EAC from 1 January - 31 December 2009 was submitted to COMESA. The total amount submitted was USD 4,590,000 in the following Key Result Areas:

(i) Implementation of the EAC Customs Union
(ii) Improved trade negotiating capacities in East and Southern Africa (ESA)  Member States
(iii) Development of capacities to develop standards and meet  Sanitary and  Phyto  Sanitary (SPS) requirements
(iv) Improved and harmonized production of statistical data and improved  capacities at the national statistical bureaux and in the regional organizations  and improved capacity in Member States to undertake trade policy impact  analysis
(v) Strengthened monetary and fiscal policy co-operation
(vi) Co-ordination of RISP implementation and institutional capacity building for        EAC Secretariat.

 

PARTNERSHIP FUND

The EAC Partnership Fund is a basket fund mechanism with annual contributions from Development Partners aimed at supporting the EAC projects... Read More

DEVELOPMENT FUND

The Fund aims to address among other infrastructural development issues, development imbalances, investment promotion ... Read More

USAID

The USAID-EAC partnership initiative addresses issues relating to food security, agriculture, health, trade and investment, environment ... Read More

European Union

EU has supported the EAC in, among others, political, social, economic and social fields for the mutual benefits of their citizenry ... Read More