East African Air East African Air East African Air is an airline based in Dar es Salaam, Tanzania and is a start-up airline planning to operate from Dar-es Salaam as hub to regional destinations and Europe and America. The company was founded by African Diaspora businessmen originally from the Eastern part of Africa which comprises Tanzania, Kenya, Uganda, Burundi and Rwanda. Fly East African will obtain traffic rights to Jeddah, Saudi Arabia. East African Air Limited is a registered UK Private Limited Company with plans of floating on the AIM stock market in 2010, and has received investment over £2m primarily from European
Equator Principles Equator Principles The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in project finance. It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. As at April 2018, 92 adopting financial institutions in 37 countries have officially adopted the Equator Principles, covering the majority of international Project Finance debt in emerging and developed markets. The Equator Principles, formally launched in Washington DC on 4 June 2003, were based on existing environmental and social policy frameworks established by the International Finance Corporation.