East African Development Bank

Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.
Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.

The Giant is Awake—and Open for Business: EADB Targets USD 600 Million by 2027 — A Q&A with Acting Director General Benard Paul Mono

At the end of 2024, EADB reported total assets of approximately USD 506 million, but only about 30% of that balance sheet was deployed into customer lending. A significant portion remained in
Joshua Ogwal, Partner at Ligomarc Advocates and Joint Managing Director at Rekindle Capital, photographed in Kampala, Uganda. Experienced financial lawyer and corporate governance advisor with expertise in banking, project finance, infrastructure, and natural resources law.
Joshua Ogwal, Partner at Ligomarc Advocates and Joint Managing Director at Rekindle Capital, has built a distinguished career at the intersection of law, finance, and corporate governance.

Passion with Precision: Ligomarc’s Joshua Ogwal on Law, Finance, and Leadership

Can you tell us about your early years? Your childhood, where you were born and raised, earliest memories, that sort of thing? I was born in Mulago Hospital, Kampala. I am the

 

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