East African Development Bank
EADB is a multilateral development finance institution owned by Kenya, Uganda, Tanzania, and Rwanda that provides long-term project financing, wholesale credit lines, and advisory services to governments, large enterprises, and SMEs across East Africa.
- Company typePrivate
- Founded1967
- HeadquartersKampala, Uganda
- Headcount51–100
- GTM typeB2B
- OfferingServices
What East African Development Bank does
The East African Development Bank (EADB) is a multilateral development finance institution established in 1967 under the Treaty of the East African Cooperation and re-established under a new Charter in 1980. Owned by four East African Community member states (Kenya, Uganda, Tanzania, and Rwanda) alongside other public and private financial institution shareholders, EADB operates as an organ of the EAC with a mandate to promote regional integration and socio-economic development. The bank is headquartered in Kampala, Uganda, and announced a permanent office in Kigali, Rwanda in 2026.
EADB's product suite spans project financing (5-15 year tenors with up to 3-year grace periods), lines of credit to partner financial institutions, asset finance, capital markets development, equity and quasi-equity instruments, infrastructure development financing, loan guarantees, real estate development, and trade finance. Revenue is generated primarily through interest income on its loan portfolio, supplemented by credit guarantee fees, advisory service fees, and capital markets-related income. Distribution operates through two parallel channels: direct project financing to governments and large enterprises, and wholesale lines of credit channeled through 20+ partner financial institutions to reach SMEs across the four member states. The bank has co-financed flagship regional assets including the 623MW Lake Turkana Wind Energy Project, CIMERWA's 600,000 tpa cement plant in Rwanda, and Kakira Sugar's co-generation venture.
EADB's business model relies on concessionary funding relationships with development partners (OPEC Fund, BADEA, KfW, IFAD, AfDB, UN agencies) and increasingly on syndicated facilities involving commercial banks such as First Abu Dhabi Bank. Its 2024-2028 Strategic Plan emphasizes industrialization, SME development, gender inclusion, and environmental sustainability, with a USD 13 million dedicated fund for youth and women-led enterprises. Profit before tax grew 51% in 2025 to USD 16.93 million, while outstanding loans grew 52% and disbursements grew 140% year-over-year.
East African Development Bank firmographics
Firmographics- Name
- East African Development Bank
- Legal name
- East African Development Bank
- Website
- https://eadb.org
- Company type
- Private
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- EADB is a multilateral development finance institution owned by Kenya, Uganda, Tanzania, and Rwanda that provides long-term project financing, wholesale credit lines, and advisory services to governments, large enterprises, and SMEs across East Africa.
- Ownership category
- akta.pro rank
East African Development Bank industry classification
Industry- Product category
- Development Finance
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)
- akta.pro secondary industries
- Infrastructure & Project Finance Facilities (BPADACAG), Infrastructure & Project Finance Development Banks (FSABAKAD), SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
Keywords
Where East African Development Bank is headquartered
LocationHeadquarters
- HQ city
- Kampala
- HQ country
- Uganda
- HQ region
- Africa
Offices2 records
Markets served
East African Development Bank business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Others
Revenue model
- Interest Income from Loans: EADB generates revenue primarily through interest income on its loan portfolio. The bank provides long-term credit ranging from 5 to 15 years with grace periods of up to 3 years for large industrial projects. Interest rates vary by project and currency, with some local currency loans offered to shield borrowers from exchange rate volatility.
- Credit Guarantees: EADB issues credit guarantees to unlock additional financing for capital-intensive projects that commercial lenders consider too risky. This generates fee income while facilitating larger project financing.
- Advisory Services Fees: The bank provides advisory services to governments and private businesses, generating fee income for technical assistance and capacity building.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project Financing - Long-term loans for industrial and infrastructure projects |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
East African Development Bank product offering
Product offeringCore offering
East African Development Bank is a regional multilateral development finance institution providing long-term capital to governments, enterprises, and SMEs across Kenya, Uganda, Tanzania, and Rwanda. Its offerings include project financing, lines of credit to partner financial institutions, loan guarantees, trade finance, asset finance, equity/quasi-equity, infrastructure financing, real estate financing, and advisory services. The bank channels over USD 95 million through 20+ partner financial institutions to reach SMEs and operates specialized funds for youth, women, and rural/agricultural borrowers.
Product overview
The East African Development Bank operates as a regional development finance institution offering a comprehensive suite of financial products and specialized programs. Its core offerings include Project Financing, Advisory Services, Lines of Credit, Asset Finance, Capital Markets Development, Equity/Venture Capital, Infrastructure Development, Loan Guarantees, Real Estate & Property Development, and Trade Finance. These core products are delivered alongside targeted development programs including SME financing initiatives (USD 13M Youth and Women Fund, Rwanda and Uganda SME funds), the Rural Finance Enhancement Programme, Biodiversity Investment Fund, and capacity-building programs such as STEM scholarships and medical training fellowships. The bank provides long-term credit ranging from 5 to 15 years with grace periods up to 3 years, channeling funds through partner financial institutions to reach SMEs across Kenya, Uganda, Tanzania, and Rwanda.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Financing
Quantifiable outcome
- Over 10,000 SMEs accessed capital through partner institutions over 5 years
- +6 more outcomes
Companies that use East African Development Bank
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
East African Development Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
East African Development Bank partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- UN RwandacoreEADB and UN Rwanda signed MOU to support SMEs, youth and women entrepreneurs. Partnership combines EADB's financial expertise with UN's technical expertise and convening power to accelerate SME growth in Rwanda.
- East African Business Council (EABC)coreEABC partnered with EADB as title sponsor of East African Business & Investment Summit 2026. Summit brought together ministers, business leaders, investors, and SMEs to promote regional integration and trade.
- Kenya Private Sector Alliance (KEPSA)coreKEPSA partnered with EABC and EADB to host the East African Business & Investment Summit 2026 in Nairobi, Kenya.
- Development Bank of Rwanda (BRD)coreOne of four partner financial institutions under EADB's 2024 SME Program in Rwanda. BRD received funding to on-lend to SMEs in agriculture, manufacturing, commerce, housing and transport sectors.
- Duterimbere IMF PlccorePartner financial institution under EADB's 2024 SME Program in Rwanda, focused on reaching underserved communities and promoting financial inclusion.
- AB Rwanda PlccorePartner financial institution under EADB's 2024 SME Program, channeling funds to Rwandan SMEs across priority sectors.
- Letshego RwandacorePartner financial institution under EADB's 2024 SME Program in Rwanda.
- Centenary BankcoreUganda's largest microfinance bank received EADB line of credit for SME lending, particularly in agriculture sector.
- Housing Finance BankcorePartner financial institution in Uganda receiving EADB wholesale funding for SME financing.
- Opportunity BankcorePartner financial institution in Uganda, focused on empowering women in SMEs.
- FINCA UgandacorePartner financial institution receiving EADB funding to equip SMEs with tools for business success.
- Finance TrustcoreUgandan microfinance institution specializing in women-focused SME products, with financial literacy programs supported by EADB partnership.
- UNIDOminorInternational UNIDO partnership facilitates technical assistance and industrial development programs in East Africa.
- GaviminorExpanded strategic partnership with Gavi for health sector development initiatives.
- Digital Cooperation OrganizationminorPartnership expanded at OPEC Fund Development Forum to support digital transformation initiatives.
- Islamic Organization for Food SecurityminorExpanded strategic partnership to support food security initiatives in member states.
- British CouncilminorPartnership with Royal College of Physicians (London) for Medical Training and Fellowships Programme to train 600 cancer specialists in East Africa.
- DLA PiperminorGlobal law firm facilitated regional workshops for judges on arbitrating transactions in extractive sectors.
- The Africa-America InstituteminorPartnership for EADB-AAI STEM Scholarship Program sending East African lecturers for graduate studies at Rutgers University.
Scale indicators12 records
Recent moves7 records
Expansion highlights5 records
East African Development Bank competitors and assessment
Company assessmentDirect peers
- BADEA (Arab Bank for Economic Development in Africa): Arab-coordinated DFI providing concessionary lines of credit to African institutions, including a USD 12M facility to EADB in 2016. Direct peer as a DFI lender to African development projects with overlapping East African footprint.
- Development Bank of Rwanda (BRD): Rwanda's national DFI and EADB partner financial institution channeling EADB funds to SMEs. Functions as both an EADB customer and a national-level peer operating in the same development finance segment within one of EADB's four member states.
- Trade and Development Bank (TDB): Multilateral DFI serving the Common Market for Eastern and Southern Africa (COMESA) with a comparable project finance, trade finance, and SME lending mandate. Closest functional peer to EADB as a regional development bank operating across multiple African economies.
- Africa Finance Corporation (AFC): Africa-focused DFI providing infrastructure and industrial project financing across the continent. Comparable wholesale-and-direct lending model and similar focus on industrialization and SME development in African markets.
Broad incumbents
- OPEC Fund for International Development: Multilateral development finance institution providing concessional funding to emerging markets, including four facilities exceeding USD 100M to EADB since 2002. Functions as a major capital provider and strategic partner, sitting alongside EADB in the DFI ecosystem.
- KfW Development Bank: German state-owned development bank financing development projects globally. Key EADB partner providing EUR 8M for Rural Finance Enhancement Programme and the Biodiversity Investment Fund; comparable development finance institution operating in overlapping geographies.
- African Development Bank (AfDB): Pan-African multilateral development bank financing infrastructure, industrial, and SME projects across Africa. Direct DFI peer to EADB, with overlapping mandate in East Africa and explicit partnership relationship with EADB for co-financing.
Others
- Finnfund: Finnish development finance company investing in sustainable development in developing countries including Africa. Comparable DFI providing long-term financing for projects in renewable energy, agribusiness, and financial inclusion across similar emerging markets.
Regional players
- Shelter Afrique: Pan-African DFI focused on housing and real estate finance across African member states. Comparable multilateral DFI structure, member-state ownership, and project-financing mandate, though narrower sector focus than EADB.
- Industrial and Commercial Development Corporation (ICDC) Kenya: Kenya's national development finance institution providing long-term credit, equity, and asset finance to industrial and commercial enterprises. National-level peer to EADB within one of its four member states, focused on industrial and SME development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
East African Development Bank social profiles
Digital presenceEast African Development Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
East African Development Bank leadership team
Management profileNumber of profiles
Profiles10 records
East African Development Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
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East African Development Bank M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about East African Development Bank
What does East African Development Bank do?
East African Development Bank is a regional multilateral development finance institution providing long-term capital to governments, enterprises, and SMEs across Kenya, Uganda, Tanzania, and Rwanda. Its offerings include project financing, lines of credit to partner financial institutions, loan guarantees, trade finance, asset finance, equity/quasi-equity, infrastructure financing, real estate financing, and advisory services. The bank channels over USD 95 million through 20+ partner financial institutions to reach SMEs and operates specialized funds for youth, women, and rural/agricultural borrowers.
Is East African Development Bank a public or private company?
East African Development Bank is a private company. It is classified as state government owned and is currently operating.
When was East African Development Bank founded?
East African Development Bank was founded in 1967. It employs 51 to 100 people.
Where is East African Development Bank based?
East African Development Bank is headquartered in Kampala, Uganda, in the Africa region.
How does East African Development Bank make money?
Three revenue lines are on record. Interest Income from Loans are the primary driver. The others are credit Guarantees and advisory Services Fees.
Who are East African Development Bank's main competitors?
Direct peers on record are BADEA (Arab Bank for Economic Development in Africa), Development Bank of Rwanda (BRD), Trade and Development Bank (TDB) and Africa Finance Corporation (AFC). Broad incumbents are OPEC Fund for International Development, KfW Development Bank and African Development Bank (AfDB). Finnfund is listed as an others. Regional players are Shelter Afrique and Industrial and Commercial Development Corporation (ICDC) Kenya.
Does East African Development Bank have an API?
No public API is recorded for East African Development Bank.
What industry is East African Development Bank in?
East African Development Bank's product category is Development Finance. Its primary akta.pro industry code is BPADACAC, National Development Banks & State Development Finance Institutions (DFIs), with a secondary code of BPADACAG, Infrastructure & Project Finance Facilities. Its NAICS code is 522 and its SIC code is 6111.