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The Central Bank of Kenya (CBK) and Kenya Bankers Association (KBA) have set up a website on which all banks will publish the cost of their credits to resolve the information asymmetry faced by customers.

Rwanda Agriculture Board (RAB) and BK TecHouse, a subsidiary of Bank of Kigali, plan to digitize management of the supply chain of the national farmer subsidy programme, in order to improve access to agro credit for farmers and to facilitate activities of agricultural input dealers.

The Monetary Policy Committee (MPC) of the Kenyan central bank is widely expected to leave its benchmark lending rate unchanged despite concern over inflation.

In Tanzania, high lending rates negatively affect the supply of housing and imply more financial instruments such as bonds, mortgage, private equity and long-term products.

The International Fund for Agriculture Development (IFAD) announced that Uganda had been allocated $168 million aimed at enabling rural farmers to access long term loans for agricultural practice.

The announcement is planned in a context where the last decision of the Monetary Policy Committee caused the biggest cut in policy rate in almost 10 years.