East African Development Bank (EADB)
Last updated on 03 Mar 2024

Key facts


The East African Development Bank is a development finance institution with the objective of promoting development in the member countries of the East African Community.

Plot 4 Nile Ave, P.O. Box 7128
Kampala
Uganda

+256 417 112900

www.eadb.org
PUBLIC
1967
Credit rating (Moody's)
Baa3
Foreign currency

Authorizations and exposure


FY 2021 exposure top sectors

Government
34%
Commercial
13%
Residential
12%
Development
11%

FY 2021 exposure

Africa

100 %

Products


  • 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
  • Asset lease financing is available
  • For infrastructure projects particularly those that may not have access to commercial banks and insurers, primarily owing to a long project term, country risk, an inadequate return rate, or a limited local banking sector
  • 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
  • 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
  • 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
  • Real estate and property development: Financial assistance to entrepreneurs within member states aimed at development of real estate and property in varied forms including office blocks, shopping malls and residential properties both for rentals and outright purchase
  • Development and financing of infrastructure projects in partnership with other entities. This takes the form of syndications or co-financings
  • Capital markets development: The Bank endeavours to develop new instruments for the purpose of raising funds and deepening the capital markets
  • Advisory: EADB provides a range of consulting services to businesses that require specialized advice on capital formation, cash flow and wealth management as well as project implementation and management

Policies


  • EADB focuses its support for projects in areas of food security, infrastructure, skills development, climate change, and regional integration
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