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The World Bank extends close to USD 300 million to TDB to support distributed renewable energy and clean cooking private sector projects in the region served by TDB The World Bank has extended a facility of close to USD 300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable […]
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The African Development Bank Group has announced a follow-up equity investment of USD 15 million in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green+ shares to support clean technology and low carbon projects in its member states. The new capital, to be sourced from the Clean Technology Fund (CTF), will also support the […]
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Financial close has been reached for the USD 117 million financing to Globeleq by the African Development Bank (AfDB) as mandated lead arranger (MLA), the Eastern and Southern African Trade & Development Bank (TDB), and Finnfund, for the 35MW Menengai geothermal plant in Nakuru, Kenya. This greenfield geothermal project broke ground earlier this year, and is part of the first […]
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The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Saudi Export–Import Bank (Saudi EXIM Bank) have signed an MoU during the Arab-African & Saudi-African Summits’ Economic Conference, to enhance cooperation and explore co-financing and investment opportunities between the two banks, and bolster Saudi-African business. The Agreement establishes a framework for […]
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The Eastern and Southern African Trade and Development Bank (TDB) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, have signed a Memorandum of Understanding (MoU) to strengthen trade between OIC member states and those of TDB, during the World Bank Group and International Monetary Fund Annual Meetings […]
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The Eastern and Southern African Trade and Development Bank (TDB), the Multilateral Investment Guarantee Agency (MIGA) and OCP Group have signed a Memorandum of Understanding (MoU) today, during the World Bank Group and International Monetary Fund Annual Meetings, to enhance collaboration in addressing agriculture and food security challenges in Africa. Specifically, the three parties have agreed to […]
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The scalable loan instrument, arranged and structured by Citi with participation from leading development finance institutions and commercial lenders to help expand Kenyans’ access to finance to purchase green, affordable solar systems. The Eastern and Southern African Trade and Development Bank (TDB) is participating in a first-of-its-kind, bank-led and entirely Kenyan-Shilling-denominated USD 130 million sustainable securitisation transaction established by Sun King […]
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The Eastern and Southern African Trade and Development Bank (TDB), in partnership with Asoko Insight, is pleased to announce the launch of three new virtual TDB deal rooms to accelerate the deployment of capital into priority sector projects in Africa, namely: infrastructure, health and climate action. The sectors align with regional priorities as well as with the global development agenda as guided by […]
...The Eastern and Southern African Trade and Development Bank Group (TDB Group) has signed a Memorandum of Understanding (MoU) with Finnfund, a Finnish development financier and impact investor, to promote investments that contribute to the UN sustainable Development Goals (SDGs) in key projects in TDB member states. The MoU, signed by TDB Group President Emeritus […]
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With an investment of approximately USD 2 million in equity capital in the Eastern and Southern African Trade and Development Bank (TDB), SICOM Group’ subsidiary SICOM Global Fund Limited, joins the family of TDB shareholders. SICOM Group is TDB’s third institutional shareholder from Mauritius alongside the National Pension Fund of Mauritius (NPF) and Eagle Insurance Ltd., and TDB’s […]
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