East African Development Bank

[3] The current member states of the EADB are Kenya, Uganda, Rwanda, and Tanzania including other development and commercial financial institutions.

The bank supports economic development in member states through short and long term lending of financially and sustainable projects.

[7] The bank's mission is to advance sustainable socio-economic developments in East Africa through offering financial solutions, advisory expertise, and supporting services.

Under its expanded operational scope, the bank offers a broad range of financial services in the member states.

In January 2013, the African Development Bank injected US$24 million into EADB in new equity, bringing its shareholding to 15 percent.

[13] The council is considered the supreme governing body and meets regularly to review and analyze reports submitted by the Board of Directors.

[6] The Board of Directors of the EADB holds all decision-making powers within the bank and meets at least quarterly to review and evaluate reports submitted by the Management.

[6]The board is composed of Permanent Secretaries from Ministries of Finance, private sectors representatives, and Director Generals from current member states.