The OPEC Fund for International Development (the OPEC Fund) has signed a $20 million term loan in favour of East African Development Bank (EADB). EADB will use the loan to support small- and medium-sized enterprises (SMEs) and infrastructure projects in East Africa.

EADB is an regional development institution for delivering key development objectives across the East Africa region. It enjoys a high level of commitment from member states Kenya, Uganda, Tanzania and Rwanda, as well a dive...