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Counterparty · Development finance institution

East Rift Development Finance Corporation

East Rift Development Finance Corporation is a regional development finance institution focused on livestock, aquaculture and agricultural processing in East Africa. IGUAKO began co-financing alongside East Rift in 2025 when the Nairobi representative desk opened. Two animal-health distribution projects in Kenya and Tanzania are financed jointly, with East Rift providing US$15 million of long-dated senior debt.

Type
Development finance institution
City
Nairobi
Region
Africa & Indian Ocean
Relationship since
2025

The relationship

East Rift takes the tenor and the local currency risk that commercial capital will not. IGUAKO structures the transaction and provides the working-capital facility through the Commercial Finance division, and the sponsors keep the equity. The combination gives the projects a capital structure that survives a bad season. East Rift's welfare and environmental standards are checked against the group's Animal and Biological Welfare in Investment policy at each drawdown.

Services to IGUAKO and its clients

  • Long-dated senior co-financing in East Africa
  • Local-currency lending alongside IGUAKO working-capital facilities
  • Environmental and welfare due diligence shared with IGUAKO
  • Project preparation and technical assistance funding