How much will infrastructure led growth drive the EAC economies?.
In the latest national budget estimates in Uganda, Kenya, Tanzania and Rwanda, the construction of roads, railways and oil pipeline, harmonization of axle load controls and service automation at border points have been the dominant areas of focus across the East African Community with a combined budget of close to USD.2B. However, as per the budgets, the African Development Bank, the World Bank and the European Union are financing most infrastructure projects with a regional dimension. Read more