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TDB

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USD 400M To Be Unlocked By EIB And TDB To Support African Companies Impacted By Trade Shocks

. New USD 200m credit line by EIB to TDB signed at EU-Kenya Business Forum in Nairobi in the presence of H.E. President Ruto ·       Largest ever business financing cooperation between EIB and TDB, as well as by EIB private sector support in Africa to address trade finance, working capital and supply chain challenges · Targeted financing […]

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TDB Is The Winner Of Global Finance’s 2023 Best Bank For Trade Finance In Emerging Markets Award

During a luncheon ceremony which was held on the 25th of January during the Bankers Association for Finance and Trade (BAFT) Europe Bank to Bank Forum, TDB was announced as this year’s global winner of Global Finance’s ‘Best Bank for Trade Finance in Emerging Markets’. Global Finance selected best trade finance providers based on various criteria […]

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The 5th East African Banking & Microfinance Forum Kicks Off, With Climate And Resilience At The Centre Of Discussions On The Region’s Financial Industry

The 5th East African Banking and Microfinance Forum organized by the Trade and Development Bank Group (TDB Group) and the European Investment Bank (EIB) kicked off this morning in Nairobi. The Forum seeks to enhance investment best-practice across the region, with over 500 industry professionals from leading African and international banks, financial institutions and banking associations […]

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TDB Closes Landmark USD 600 Million Syndicated Mining Transaction With Trafigura, To Boost The Supply Of Metals

Essential To The Energy Transition The global energy transition requires increasing amounts of minerals such as copper and cobalt. These resources are among the key components of renewable energy infrastructure and technology such as wind turbines and electric vehicle batteries, enabling the sustainable generation, transmission, and storage of clean energy. Africa and the Democratic Republic […]

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TDB Class C Green+ Shares Launched At COP27, With African Development Bank Being First Investor To Commit

The African Development Bank and the Eastern and Southern African Trade and Development Bank (TDB) have united to launch a unique financial instrument to catalyze financing for sustainable development on the continent. At the ongoing global climate summit, COP27, the African Development Bank on Wednesday announced an investment commitment of USD 15 million in TDB’s […]

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TDB To Support Exporters In Zimbabwe Via USD 10 Million Trade Finance Facility To NMB Bank

The Eastern and Southern African Trade and Development (TDB) has extended a 3-year USD 10 million trade finance line of credit to support NMB Bank’s corporate clients in export-focused sectors of the economy. In line with the Bank’s financial institutions strategy, this new facility to NMB will contribute to funding corporates with trade enabling working […]

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Tanzania’s National Social Security Fund Becomes TDB Group’s 20th Institutional Shareholder

With an investment of over USD 11 million in Class B shares, the United Republic of Tanzania’s National Social Security Fund (NSSF) joins the Eastern and Southern African Trade and Development Bank Group (TDB Group) as its 20th institutional shareholder. TDB Group President Emeritus and Managing Director Admassu Tadesse said “This year, NSSF Tanzania is the second […]

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Rwanda’s Agaciro Development Fund Becomes A TDB Group Shareholder

Agaciro Development Fund (AgDF) Rwanda’s sovereign wealth fund, has invested over USD 8 million in the capital stock of the Eastern and Southern African Trade and Development Bank (TDB), becoming its latest institutional shareholder. TDB Group President Emeritus and Managing Director Admassu Tadesse said “We salute Agaciro Development Fund as the first sovereign wealth fund to invest […]

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OPEC Fund And TDB Advance Cooperation To Promote Infrastructure Development And Economic Recovery In Africa

The OPEC Fund for International Development and the Eastern and Southern African Trade & Development Bank (TDB) are deepening their cooperation with the OPEC’s Fund’s latest commitment of debt and equity totalling USD 40 million. These recent investments in TDB aim to further strengthen the partnership and unlock synergies in support of sustainable development in […]

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Trade Fund Manager ‘Eastern And Southern African Trade Advisors Ltd.’ (ESATF) Becomes A Fully Owned TDB Group Subsidiary

The Eastern and Southern African Trade Fund (ESATF) is an open-ended collective investment fund domiciled in Mauritius and regulated by the Financial Services Commission (FSC). The fund was launched in 2019 to advance trade-led economic and social development via the financing of short to medium-term trade transactions in TDB Group member states and other select African economies, […]

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