East Africa: EADB Gets Sh5bn Loan From Opec Fund to Boost Regional Development

East Africa: EADB Gets Sh5bn Loan From Opec Fund to Boost Regional Development

Nairobi -- The East African Development Bank (EADB) has sealed a Sh5.2 billion loan agreement with the OPEC Fund for International Development to spur sustainable economic growth and regional integration across East Africa.

EADB, OPEC Fund Sign $40 Million Facility for SMEs in EAC

The East African Development Bank (EADB) has today formalized a US$40 million loan agreement with the OPEC Fund for International Development to accelerate sustainable economic development across East Africa. The deal was sealed at the OPEC Fund’s headquarters in Vienna, the fourth and largest financing deal between the two institutions since 2014. “This fourth agreement with the … The post EADB, OPEC Fund Sign $40 Million Facility for SMEs in E…