The Development Bank of Rwanda (BRD) and the East African Development Bank (EADB) on Thursday signed an agreement under which the former will receive a credit line worth $15 million (about Rwf11 billion) to increase its lending to the private sector.
Officials said the new credit facility will help BRD extend long-term loans to medium, small and micro-enterprises in various sectors of the economy across the country.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article