EAC launches Sh1.3 trillion funding for businesses

East African Community Secretary General Peter Mathuki during the Signing Ceremony of Treaty of Accession by the Democratic Republic of the Congo to the East African Community at State House, Nairobi. [PSCU, Standard]

The East Africa Community (EAC) has launched a Sh1.3 trillion revolving fund targeting micro small and medium enterprises in the region.

The programme, which is a partnership with Equity Bank Group and the MasterCard Foundation, seeks to also offer capacity building to traders within the regional bloc.