It has signed a Partnership Agreement with the US Agency for International Development (USAID).
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The country is increasingly looking at Islamic finance as a source of financing.
During fiscal year 2015, USAID entered into 23 DCA guarantees in Africa, making over $382 million in financing available for businesses across the continent.
The group is now present in every member country of the East African Community.
The official headquarters are currently being built and should be operational in 2017.
Private equity is the fastest growing source of investment in sub-Saharan Africa.
The countries received a loan from the AfDB to cover the subscription fee.
It becomes the second sub-Saharan country to issue a 15-year bond.
The initiative is designed to improve financing for start-ups.
The government will issue CFAF40 billion on the regional market.
The €80 million partnership will support small businesses and renewable energy projects.