Trade in the East African Community Trade in the East African Community African nations have been riddled with poverty since they have gained their independence. Countries of the East African Community (EAC) have had no different fate. These countries include Kenya, Tanzania, Burundi, Uganda, Rwanda, and South Sudan. These nations fall below par in different measures of economic activities such as GDP per capita, population below poverty line, unemployment, and trade. The East African Community has made an effort to bolster trade through enhancing co-operation economically, socially, and politically within the member nations.. "The aim of EAC is to gradually establish among themselves a Customs Union,
Equator Principles Equator Principles The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in project finance. It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. As at April 2018, 92 adopting financial institutions in 37 countries have officially adopted the Equator Principles, covering the majority of international Project Finance debt in emerging and developed markets. The Equator Principles, formally launched in Washington DC on 4 June 2003, were based on existing environmental and social policy frameworks established by the International Finance Corporation.