Nairobi, Oct. 5 -- Family Bank has secured a $10 million (Sh1.3 billion) financing from the African Development Bank (AfDB) as it seeks to increase lending to Kenya's importers and exporters.

The facility will see the lender access foreign currency from the AfDB to bankroll small and medium-sized enterprises (SMEs) and local corporates, especially those in the manufacturing, agriculture, healthcare and renewable energy sectors.

Published by HT Digital Content Services with permission from Business Daily....