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Equity signs Sh5.6bn loan with European bank

Equity Bank has received a Sh5.6 billion (50 million euro) credit line from the European Investment Bank (EIB), that it hopes will boost its loan book by lending to small and medium enterprises. Equity Bank Group CEO James Mwangi Wednesday said the funds will be lent to eligible SME firms across the region. The credit […]

European Investment Bank (EIB) Thursday signed an agreement to advance African Trade Insurance Agency (ATI) €2 million (Sh238.2 million) to boost training in the energy sector. ATI an institution with expertise in risk mitigation on investments will use the grant to obtain specialist skills for underwriting energy sector projects. “Investment in energy is essential for […]

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The European Investment Bank (EIB) has extended a €15 million ($19.5 million) finance facility to specialist development finance institution, Shelter Afrique. The latter is a pan-African development finance institution that exclusively promotes the development of the housing and real estate sector in Africa. The initiative will enable small and medium-sized companies involved in housing projects […]

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