East Africa Archive

AfDB approves US $75-million financial package to complement Diamond Trust Bank Kenya Limited’s funding to enterprises in East Africa

Abidjan, Côte d’Ivoire, November 23, 2016 – The Board of Directors of the African Development Bank has approved a US $75-million financial package comprising US $50-million Line of credit and US $25-million Subordinated Debt to Diamond Trust Bank Kenya Limited. The funding is aimed at supporting SMEs and emerging corporates in East Africa. The LoC

Climate Change and Agriculture in East Africa

December 9, 2013, Bujumbura, Burundi—Population growth in East Africa is among the highest in the world and could worsen food insecurity, which is already severe. Arable areas in the region are under severe pressure to increase their productivity to feed a rapidly increasing human population. Climate change could exacerbate the situation; adaptation is essential for