On 14 February 2011, the East African Community (EAC) and the World Bank signed a grant agreement worth USD 16 million to support a project that will transform the EAC integration of the financial services sector.
The EAC-World Bank supported project has six components on Financial Inclusion and Strengthening Market Participants, Harmonization of EAC Financial Laws and Regulations, Mutual Recognition of Supervisory Agencies, EAC Integration of Financial Market Infrastructure, Development of the Regional Bond Market and Capacity Building. Read more on EAC-World Bank, 16 million project support
