Browsing: Economic Community of Central African States (ECCAS)

When completed, the DRC's Inga hydropower dam will have the capacity to produce 40,000MW that is more than double the Three Gorges in China, the world's largest power station. Photo/ElectrictyHub
  • The DRC is viewed as a most promising member of the regional bloc offering a market of over 96 million people.
  • DRC is also rich in many coveted minerals such as cobalt and Nickel, gold, and diamonds, which has caused a long-standing conflict.
  • The EAC peace forces in the DRC were sent in early last year to restore peace and stability in the region.

The East Africa Community (EAC) has been touted as a model for regional economic blocs in Africa but the tension between Rwanda and the bloc’s newest member, DRC, is threatening to derail the region’s social and economic integration.   

The two neighboring countries have had a dicey relationship in the recent past with the largest country of the EAC, the DRC, accusing the smallest country in the region, Rwanda, of supporting rebels within its borders.

The DRC is viewed as a most promising member of the regional

One of the few spoken regional trade blocs of Africa is the Economic Community of Central African States (ECCAS).
Despite such little being spoken of this resource rich area, it is home to some of Africa's richest countries, yet it has for decades encountered various obstacles that have stunted social and economic progress. Human capital development is a major issue in the region, along with armed conflicts, natural disasters, and health crises.
As a result, the region's economy have not been able to flourish despite their abundance of natural resources.

Oil in Central Africa

Roughly 30% of Africa's crude oil is located in the ECCAS region.
Angola, located there, just surpassed Nigeria as Africa's largest oil producer, pumping out about1.16 million barrels per day.
Chad, the Congo, Equatorial Guinea, Gabon, and Cameroon are some of the other oil-producing countries in the area. Yet the resource has not contributed as much