On the sidelines of the 2026 the OPEC Fund Development Forum, the East African Development Bank (EADB), led by our Ag. Director General Benard Mono, secured a US$65 million syndicated facility arranged by the OPEC Fund, with participation from First Abu Dhabi Bank, the UAE's largest bank.

Following the US$40 million commitment EADB signed at last year's forum with the OPEC Fund, the additional US$25 million secured this year in partnership with First Abu Dhabi Bank marks the completion of the facility.

This financing will support SMEs and critical infrastructure, driving inclusive growth and regional integration in the region.