Congo joins East African Community trade bloc - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The East African Community (EAC) trade bloc is set to admit the Democratic Republic of Congo (DRC) as its seventh member on Tuesday, the EAC said, adding a population of 90 million people to its common market.

The EAC common market, which consists of Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, was set up in 2010 to allow the free movement of goods and people across borders, and is one of the most advanced trading blocs on the continent.

The country, which produces minerals including copper and cobalt, in demand for battery vehicles, and diamonds, will join a common market of close to 200 million people with a combined annual economic output of $193 billion as of 2019. EAC-based businesses, including Kenya’s top lender Equity Group, have established operations in DRC in anticipation of its integration into the trade bloc.

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