Business Daily | by Patrick Alushula
Co-operative Bank of Kenya has received Sh1.1 billion ($10 million) loan from Luxembourg-based impact investment fund for on-lending to agribusinesses.
The lender said Thursday it had received the subordinated loan from eco business Fund and will extend the same to sustainable agribusinesses, such as those in the coffee and tea.
The facility marks the first investment in Kenya for eco-business Fund, which specialises in promoting use of natural resources, and mitigating and adapting to climate change…
