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Democratic Republic Of Congo Joins The East African Community (EAC)

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Congo Brazaville

The Democratic Republic of Congo (DRC) was on Tuesday officially admitted into the East African Community (EAC) during the 19th Extra-Ordinary Summit of the EAC Heads of State and Government chaired by President Uhuru Kenyatta virtually.

Welcoming the newcomer to the EAC, President Kenyatta termed the admission of DRC into the EAC a historic event that demonstrates the agility of the community to expand beyond its socio-cultural boundaries to new people and trade centred partnerships and collaboration that will expand opportunities for citizens of the region.

“Today as chairman of the EAC, I proudly and warmly welcome our brothers and sisters from the DRC to the EAC and look forward to joining hands in strengthening our community together. Working together, we have more to gain than when we are separate.

“Indeed, the combined population and GDP of our community will grow by 50 percent and 25 percent respectively, implying a corresponding expansion of the market for goods and services. These numbers imply expanded market opportunities for producers located within EAC under the Customs Union,” President Kenyatta said.

The President added that the expanded community will attract more investments across all sectors, a move that will create more wealth and employment for the people.

He pointed out that with the inclusion of DRC, the EAC will be in a better position to combine resources to develop the much-needed infrastructure, especially the main transit corridors running from east to west.

“The said infrastructure is crucial in facilitating cross-border movements of goods, people and physical capital as envisaged in the EAC Common Market,” the President said.

With a larger market of about 300 million people, President Kenyatta expressed optimism that the community will achieve better outcomes brought about by the economies of scale and pooling of productive human and financial resources.

Speaking during the summit, other East African leaders commended President Felix Tshisekedi of DRC for working hard to ensure his country joined the community noting that the action he took is not only beneficial to his country but the region at large.

Leaders who included Presidents Yoweri Kaguta Museveni (Uganda), Paul Kagame (Rwanda) and Samia Suluhu (Tanzania) thanked the EAC Council of Ministers and the Secretariat for speeding up the process that led to the admission of DRC into the community.

“The joining of East Africa Community by DRC is an event of great significance. I have been involved in these efforts for almost 60 years and this is really very pleasant that DRC has finally reconnected formally with EAC,” said President Museveni.

On his part, President Kagame said the admission of DRC into the EAC is in line with the community’s quest to widen and deepen integration for the region and the continent at large noting that Rwanda is ready to play its role in ensuring the success of the community.

“Rwanda commends the Council of Ministers and the Secretariat for speeding up this process. I urge all EAC organs to accelerate the full integration of DRC into our organization in line with the roadmap approved by the Council of Ministers,” he said.

Tanzanian President Samia Suluhu said the decision by President Tshisekedi to seek admission for his country into the EAC will provide an opportunity to entrench peace and security in DRC.

“To my brother Felix Tshisekedi, I commend you for the decision to seek admission to the EAC. And to the people of DRC your country’s decision to join EAC will accord you a great opportunity to extend space for peace and security, prosperity and solidarity within your country as well as the region,” she said.

In his inaugural speech at the EAC summit, President Tshisekedi thanked the EAC leaders for welcoming him to the community and assured of his commitment to working closely with them for the development and prosperity of the region.

President Évariste Ndayishimiye of Burundi was represented at the summit by Vice President Prosper Bazombanza while President Salva Kiir Mayardit of South Sudan was represented by Minister Barnaba Marial Benjamin.

The summit designated President Kenyatta, the EAC Chairman, to sign the treaty of accession of DRC into the EAC by April 14 this year.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Iran Mourns: Helicopter Crash Claims Lives of President Raisi and Foreign Minister Amirabdollahian

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Ebrahim Raisi

A tragic helicopter crash has claimed the lives of President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian, sending shockwaves across the nation and plunging the country into mourning.

The fatal incident occurred in Iran’s East Azerbaijan province, where the helicopter carrying the two senior officials and several other passengers crashed, resulting in the loss of all on board.

The crash site, now a scene of charred wreckage, stands as a somber reminder of the untimely demise of these key figures in Iranian politics.

President Raisi, who assumed office in August 2021, was widely regarded for his commitment to serving the Iranian people and advancing the nation’s interests on the global stage.

His tenure as president was marked by efforts to strengthen Iran’s position in regional affairs and enhance diplomatic relations with neighboring countries.

Foreign Minister Amirabdollahian played a pivotal role in shaping Iran’s foreign policy, particularly in fostering closer ties with neighboring nations in the Middle East, including Arab countries across the Gulf.

His diplomatic acumen and dedication to advancing Iran’s interests earned him respect both domestically and internationally.

The news of their tragic deaths has elicited an outpouring of grief and condolences from leaders and citizens alike, both within Iran and abroad.

Malaysian Prime Minister Anwar Ibrahim expressed his deep sadness over the loss, highlighting President Raisi’s commitment to justice, peace, and the upliftment of the Muslim world.

Similarly, the European Union extended its sincere condolences to the families of President Raisi and Foreign Minister Amirabdollahian, acknowledging the profound impact of their untimely passing on the Iranian nation.

The helicopter crash not only robbed Iran of two of its most prominent leaders but also left a void in the country’s political landscape.

As the nation grapples with this immense loss, tributes pour in from all corners, commemorating the contributions of President Raisi and Foreign Minister Amirabdollahian to the advancement of Iran’s interests and the well-being of its people.

The legacy of these esteemed leaders will endure in the hearts and minds of Iranians, serving as a guiding light for future generations as they navigate the complexities of governance and diplomacy in an ever-changing world.

Iran mourns the loss of two of its finest sons, whose dedication and service will be remembered for years to come.

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DR Congo Thwarts Coup Attempt: Leader Killed, Several Arrested

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Vital Kamerhe

The Democratic Republic of Congo (DRC) found itself on the brink of chaos as an attempted coup unfolded in its capital, Kinshasa.

The government swiftly acted to quell the insurgency, resulting in the death of the coup leader and the arrest of several others involved.

The assault, which occurred on Sunday morning, sent shockwaves through the mineral-rich central African nation, already grappling with political instability and external pressures.

The target of the attack was the residence of Vital Kamerhe, a prominent political figure in Congo’s landscape and a candidate for the head of the National Assembly.

Led by Christian Malanga, the self-exiled leader of the New Zaire movement, the attackers descended upon Kinshasa in two groups, initiating their assault on Kamerhe’s residence.

Despite the initial skirmish that claimed the lives of two police officers, the attempted coup lacked the military support necessary to pose a significant threat to the government’s stability.

After the failed attempt to seize power, Malanga and his cohorts proceeded to the office of President Tshisekedi, where they brazenly defaced Congolese flags and hoisted the banner of the former Zaire.

However, their actions were swiftly met with resistance from the Republican Guard, resulting in a fatal confrontation that claimed the lives of multiple attackers, including Malanga himself.

The involvement of three American citizens among the assailants adds a layer of complexity to the unfolding situation.

While details surrounding their participation remain murky, the revelation has drawn the attention of both Congolese authorities and the U.S. government, signaling potential diplomatic ramifications.

Vital Kamerhe, the intended target of the coup, emerged unscathed from the ambush on his residence. However, his absence from public discourse following the incident leaves many questions unanswered regarding his stance and potential involvement in the foiled insurgency.

The failed coup underscores the fragile political landscape of the DRC, where power struggles and external interests converge amid the backdrop of immense mineral wealth.

As the nation navigates the aftermath of this brazen attempt to destabilize its government, concerns over internal cohesion and foreign intervention loom large on the horizon.

In the wake of the thwarted coup, Congolese authorities are expected to intensify efforts to maintain stability and root out any remnants of dissent.

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Netanyahu Stands Firm as US Halts Bomb Shipment Over Rafah Invasion Warning

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Netanyahu

Amidst escalating tensions between Israel and the United States, Israeli Prime Minister Benjamin Netanyahu has adopted a defiant stance following the US decision to halt a shipment of bombs and warned against Israel’s potential invasion of the southern Gaza city of Rafah.

In a bold statement, Netanyahu declared, “If we have to stand alone, we will stand alone,” emphasizing Israel’s resolve to pursue its objectives despite opposition.

The Prime Minister’s comments, delivered via social media and a subsequent interview with American talk show host Dr. Phil, underscore Israel’s determination to address security threats posed by the Gaza Strip, particularly by Hamas militants operating in Rafah.

Netanyahu reiterated the necessity of military action in Rafah to eliminate the remaining Hamas battalions, condemned Hamas’s history of violence and reiterated Israel’s commitment to achieving victory and ensuring the safety of its citizens.

The US administration, led by President Joe Biden, expressed concerns over the potential humanitarian impact of an Israeli invasion of Rafah, prompting the decision to withhold additional offensive weapons shipments to Israel.

Biden’s statement echoed broader international apprehensions about the escalation of violence and civilian casualties in the conflict-stricken region.

However, Netanyahu remained resolute in Israel’s approach, asserting the country’s right to defend itself against security threats. He emphasized Israel’s efforts to minimize civilian casualties and facilitate the evacuation of civilians from Rafah before any military action.

Despite the US’s decision to pause the bomb shipment, Netanyahu affirmed Israel’s commitment to its longstanding alliance with the US. He acknowledged past disagreements between the two nations but expressed optimism about resolving current tensions through dialogue and cooperation.

In response, White House officials reiterated the US’s support for Israel’s security while urging restraint and emphasizing the need to avoid actions that could exacerbate the humanitarian crisis in Gaza.

The administration clarified that the decision to halt the bomb shipment was aimed at preventing potential civilian casualties in Rafah.

The confrontation between Israel and the US underscores the complexity of navigating regional conflicts and balancing strategic interests. As tensions persist, both nations face the challenge of reconciling their respective security imperatives with broader humanitarian concerns, seeking to avert further escalation while addressing the root causes of the conflict in the Middle East.

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