East African shilling in 1952, the birr, which was already in use in Ethiopia, was adopted in Eritrea. A new version of the currency is proposed by the East African Community, which consists of Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan. It had been proposed that the Second East African shilling be introduced into circulation in 2012, but the target was not met. A second target date was set to 2015, but also not met. The third target date is 2024. In 1921, notes were issued by the East African Currency Board in denominations of 5, 10, 20, 100, 200, 1,000 and
Equator Principles The standards have subsequently been periodically updated into what is commonly known as the International Finance Corporation Performance Standards on social and environmental sustainability and on the World Bank Group Environmental, Health, and Safety Guidelines. The Equator Principles have recently been revised and the third iteration of the Equator Principles was launched on 4 June 2013. The Equator Principles are currently under review, with the intent of developing their fourth iteration during 2018-2019. The Equator Principles apply globally, to all industry sectors and (within in EPIII) to four financial products 1) Project Finance Advisory Services 2) Project Finance 3) Project-Related