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 …