GK
WORLD ORGANISATIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When did East African Development Bank come into force:
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1967
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1980
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1982
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1983
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Explanation:
Detailed explanation-1: -The East African Community (EAC) was established in 1967 as a result of a treaty between Kenya, Tanzania and Uganda, and was a typical example of a sub-regional organisation whose members were connected through the history of British colonialism and had ex-perienced integration solutions in the colonial times.
Detailed explanation-2: -Founded in 1967 as one of the key institutions of the East African Community, the East African Development Bank has built a reputation as a provider of long term finance for enterprises in East Africa.
Detailed explanation-3: -the East African High Commission (1948-1961); the East African Common Services Organisation (1961-1967); the East African Community (1967-1977) and.
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