EADB Sets up Shs49b Fund for Youth and Women-Led Enterprises

EADB sets up Shs49b fund for youth and women-led enterprises

The project is designed to channel financing through partner institutions to entrepreneurs often considered “too risky” by traditional lenders

Ggoobi, Murangwa take helm of EADB as bank reports $16.9M pre-tax profit

KAMPALA, Uganda — The East African Development Bank has undergone a significant leadership transition following a fiscal year of record growth, with Rwanda’s Yusuf Murangwa and Uganda’s Ramathan Ggoobi taking the helm as the lender reported a $16.9 million pre-tax profit. The appointments were confirmed Friday during the bank’s Governing Council meeting in Kampala. Murangwa, the Rwanda Minister of Finance and Economic Planning, was confirmed as …

EADB Unveils $13M Fund for Youth and Women Alongside New Leadership

Kampala, Uganda: The East African Development Bank (EADB) has announced the establishment of a USD 13 million fund dedicated to supporting youth and women-led enterprises across the East African region, in a move aimed at deepening inclusive financing in the region. The Fund, unveiled during the Bank’s Governing Council meeting held in Kampala on Friday, 8th May 2026, is anchored in EADB’s 2024–2028 Strategic Plan and the Bank’s mandate to promo…

East African Development Bank $13 Million Fund Targets Youth and Women

The East African Development Bank (EADB) has announced the establishment of a USD 13 million fund dedicated to supporting youth and women-led enterprises across the East African region

EADB Sets Aside USD 13 Million for Youth and Women-Led Businesses as Rwanda Takes Over Leadership - Techish Kenya

East African Development Bank launches USD 13 million fund for women, youth entrepreneurs as Rwanda's Murangwa takes Governing Council chair

Ggoobi Appointed New EADB Board Chair as Regional Lender Announces $13m Fund for Youth and Women

The East African Development Bank (EADB) has announced a new $13 million fund targeting youth and women-led businesses across East Africa. The regional lender also unveiled a new leadership team during its Governing Council meeting in Kampala. The Fund, which will be rolled out through partner financial institutions, is part of the Bank’s 2024–2028 Strategic Plan aimed at promoting inclusive socio-economic development within member states. The a…