The 5th East African Banking and Microfinance Forum organized by the Trade and Development Bank Group (TDB Group) and the European Investment Bank (EIB) kicked off this morning in Nairobi. The Forum seeks to enhance investment best-practice across the region, with over 500 industry professionals from leading African and international…
On his first official visit to Africa since the start of the COVID-19 pandemic, European Investment Bank President Werner Hoyer and Vice President Thomas Östros today formally opened the EIB’s new Nairobi Hub with Kenyan Finance Minister, Cabinet Secretary Ukur Kanacho Yatani.
New investment by companies active in sectors most challenged by the COVID-19 pandemic will be accelerated by a new EUR 50 million targeted financing initiative launched in Nairobi today by the European Investment Bank and the Cooperative Bank of Kenya. The new business financing programme will also be supported by European Union grants.