East African Development Bank
- East African Development Bank
The East African Development Bank (EADB) provides development finance in the East African countries of Uganda, Kenya and Tanzania. Its mission is one of "strengthening socio-economic development and regional integration". [http://www.eadb.org/background.asp?cat=1]
Originally established in 1967 under the Treaty for East African Cooperation, the bank was established under its own charter in 1980 following the breakup of the community in 1977.
A 72 percent stake in EADB is held by the governments of Kenya, Uganda and Tanzania, each with a 24.07% shareholding. Other significant shareholders are FMO (Netherlands) and DEG (Germany). [http://www.eadb.org/shares.asp?cat=1]
The bank's headquarters are on Nile Avenue in the Ugandan capital Kampala.
External links
* [http://www.eadb.org/ EADB website - eadb.org]
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