AfDB approves $100m line of credit to Kenya Commercial Bank

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AfDB approves $100m line of credit to Kenya Commercial Bank

28 October 2017, Sweetcrude, Nairobi — The Board of Directors of the African Development Bank (AfDB) has approved a US$ 100 million Line of Credit (LOC) to Kenya Commercial Bank Limited (KCB). The line of credit resources will provide much-needed liquidity support for the development of infrastructure and energy projects as well as support value-addition …

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