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Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19
The financing package will support access to finance at appropriate conditions for Kenyan small and medium-sized enterprises (SMEs), including in the agriculture sector
NAIROBI, Kenya, March 3, 2021/APO Group/
The European Union and the European Investment Bank, working together as Team Europe, are providing EUR 120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis.
The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in the agriculture sector, through €100 million loans from the European Investment Bank to Equity Bank and €20 million of European Union (EU) grant support.  ....

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