Institution details
East African Development Bank (EADB) (EADB)
Key facts
- Established in 1967
- Ownership: Public
Not Part of the OECD
Not part of the Berne Union
- Plot 4 Nile Ave, P.O. Box 7128
- None
- https://www.eadb.org
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | Moody's | Foreign currency | Baa3 |
Products
- Loans
- Equity
- Trade finance
- Other products
Loans
- EADB provides loans to projects directly, through syndicates and other forms of co-financing
- Its core activity is direct project lending to medium and large enterprises, with an emphasis on export-oriented projects
- The sectors which are considered to have high potential for core business are manufacturing, agriculture processing, tourism, construction, and mining
Equity
- EADB will support socially and economically important projects through carefully selected equity and venture funds
- EADB attracts other development partners to invest in such projects, and in exceptional cases, it invests directly into larger enterprises with significant social and economic impact, subject to a clearly defined investment period exit mechanism
Trade Finance
- Provides a standard and secure mode of disbursement to enterprises wishing to acquire specialized capital goods with the proceeds of the loan funds
- Modalities: Commercial documentary L/C and standby L/C origination, confirmation, amendments, and payments to support international and regional trade
Other Products
- SME support: EADB provides lines of credit to national and regional DFIs, microfinance institutions (MFIs), and local banks to enhance its support to SMEs and new projects
Performance highlights
What's new?
- Through a partnership between EADB and KfW, the EADB Biodiversity Investment Fund (BIF) was created to support bio-diversity investments in Uganda; the loan financing available may have a tenor of up to 10 years, with a value between UGX 450 million to UGX 3.5 billion, and may be used for capital expenditure, business development, and/or working capital
- EADB focuses its support for projects in areas of food security, infrastructure, skills development, climate change, and regional integration