Kenya’s capital, Nairobi, is generally considered to be the financial services hub of Central and East Africa. The country is a key member of the East African Community (EAC), alongside Uganda, Tanzania, Rwanda and Burundi. The aim of the EAC is to enhance co-operation between the member states in political, economic and social terms, for the benefit of all. This initiative has led to the establishment of a Customs Union in 2005, a Common Market in 2010 and will see the inauguration of a Monetary Union by 2012.