📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

📌 COMMUNIQUÉ OF THE 23RD ORDINARY SUMMIT OF THE EAC HEADS OF STATE.

Russian automobile company Lada is setting up a plant in Ethiopia that is expected to produce 5,000 vehicles annually.

It plans to produce 10,000 cars annually in five years.

The plant will also export cars to other African countries.

🔺23rd Ordinary Summit of the EAC Heads of State.

📌 On the Sustainable Financing of the EAC , the Summit has agreed on a 65% (Equal Contribution) and 35% (assessed contributions) financing formulae.