East African Entrepreneurs to Benefit from European Investment Bank USD 101 Million Credit

Date: 
12 Apr 2017
Source: 
Syminvest

The European Investment Bank (EIB) has signed two new credit lines for East-Africa for a total of 95 million Euros (about KSH 109 billion) to be made available through Equity Bank and HFC Limited to support smaller local projects in Tanzania, Kenya, the Democratic Republic of Congo (DRC) and Uganda. 

EIB Vice President Pim van Ballekom, responsible for operations in East Africa, said the credit lines signed will not only benefit people in Kenya, but are meant for people in neighboring countries as well.

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