Top East African banks are shifting attention to global financiers such as the World Bank’s Private sector financing arm, International Finance Corporation (IFC) and the European Investment Bank (EIB) to sign long-term loan agreements on relatively favourable terms to shore up their lending business after failing to secure long-term funds from the local money markets.

For more information, please see https://www.theeastafrican.co.ke/tea/business/ea-banks-turn-to-global-financiers-for-lending-funds-after-local-money-markets-run-dry-1908052