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TDB

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TDB Group Signs Loan Agreement With JBIC-Mizuho-NEXI For On-Lending To Provide Geothermal Equipment For Menengai Power Project In Kenya

The Eastern and Southern African Trade and Development Bank Group (TDB Group) is pleased to announce it has signed a loan agreement with the Japan Bank for International Cooperation (JBIC) to provide geothermal equipment for Menengai’s geothermal power plant. The agreement involves a loan from JBIC of up to USD 8.64 million and USD 5.76 […]

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Euro 100 Million First-of-its-kind SACE Push Facility Is Provided To TDB By SMBC Group, Citi, And SACE To Bolster Italian-African Business And Sustainable Economic Growth

The Eastern and Southern African Trade and Development Bank Group (TDB Group), SMBC Group (SMBC), Citi, and SACE are pleased to announce a EUR 100 million SACE Push Facility. This syndicated facility aims to support TDB’s mission of fostering regional growth and integration, while increasing Italian procurement through the involvement of TDB and its clients. […]

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TDB And BOAD Forge Partnership To Boost Trade And Development In Senegal

The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the West African Development Bank (BOAD) have signed a Memorandum of Understanding (MOU) aimed at fostering collaboration in the financing of trade and development in the TDB Group member state of Senegal. The signing took place at TDB Tower, the Group’s Operations […]

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SBM Bank (Mauritius) Ltd And TDB Group Sign An MoU To Collaborate On Business Development, Co-Financing And Capacity Building

SBM Bank (Mauritius) Ltd (SBM Bank), one of the leading banking institutions in Mauritius, and the Eastern and Southern African Trade and Development Bank Group (TDB Group) have signed a Memorandum of Understanding (MoU) to collaborate on opportunities for joint cooperation in various fields, including business development, co-financing and joint capacity building. The signing ceremony […]

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British International Investment Extends $100 Million Finance Facility To The Eastern And Southern African Trade And Development Bank

To Support Trade And Food Security In Africa British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, today announced a USD 100 million finance facility with the Eastern and Southern African Trade and Development Bank (TDB). The investment is designed to strengthen economic resilience in the region by supporting essential trade […]

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TDP Group, JICA, Citibank, And SMBC Group Announce Euro 240 Million Agreement To Promote Inclusive Economic Growth & Sustainable Development In African LDCs

The Eastern and Southern African Trade and Development Bank Group (TDB Group), Japan International Cooperation Agency (JICA), Citibank, and SMBC Group (SMBC) are pleased to announce a EUR 240 million facility agreement aiming to foster and facilitate private sector development initiatives, to improve inclusive economic growth in less developed countries (LDCs). The signing ceremony took place on February 26th, 2024, at […]

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TDB Group Extends USD 2 Million To MPower Ventures Zambia To Improve Access To Affordable And Modern Energy Solutions In Zambia

The Eastern and Southern African Trade and Development Bank Group (TDB Group), through the Trade and Development Fund (TDF), has extended a 3-year USD 2 million term loan to MPower Ventures Zambia Limited to improve access to modern and affordable energy solutions for household and productive use through the importation and retail of solar products […]

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TDB Group And GGGI Partner To Advance Climate Finance Initiatives In Africa

On the heels of the COP28 global climate summit, the Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Global Green Growth Institute (GGGI) signed an agreement aimed at fostering cooperation in climate adaptation funding and accelerating TDB’s climate finance strategy implementation in TDB member states.   The agreement, signed on 20th December 2023 […]

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MIGA And TDB Expand Their Partnership To Bolster Trade Finance In Africa

In 2020, the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) and the Eastern and Southern African Trade and Development Bank (TDB) signed a first-of-its-kind credit enhancement facility providing a 10-year EUR 359 million guarantee for commercial bank financing extended to TDB for trade finance, with longer tenors and lower interest rates. In December 2023, […]

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Djibouti’s CNSS Makes 3rd Equity Investment In TDB

Djibouti’s Caisse Nationale de Securité Sociale (CNSS) has invested an additional USD 5.4 million in the capital stock of the Eastern and Southern African Trade and Development Bank (TDB), making it its third investment in the Bank since 2020. Overall, CNSS has invested over USD 15 million in Class B shares and the value of […]

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