TDB: Integrating & Advancing the Region
Global Finance: World’s Best Bank for Trade Finance in Frontier Markets (2022)
Global Trade Review: Best Development Bank global award (2022)
With an investment of US$ 10 million in TDB’s Class B shares, BADEA becomes TDB’s 12th institutional shareholder Johannesburg, November 8, 2018 – TDB is pleased to announce the signing today, of a membership and subscription agreement with the Arab Bank for Economic Development in Africa (BADEA) and is honoured to hold the signing…
TDB and Power Africa sign an MOU on the side lines of the inaugural Africa Investment Forum in Johannesburg Johannesburg, November 7, 2018 – Today, during the African Development Bank’s inaugural Africa Investment Forum, the Eastern and Southern African Trade and Development Bank (TDB) signed an MOU with Power Africa, in view of collaborating on…
Port-Louis, 2 November 2018 – The Eastern and Southern African Trade and Development Bank is pleased to announce the successful signing of a US$ 460 million Syndicated Term Loan Facility on October 2nd 2018. Citibank (“Citi”), Commerzbank Aktiengesellschaft, Filiale Luxemburg (“Commerzbank”), Emirates NBD Capital Limited (“EMCAP”), First Abu Dhabi Bank PJSC (“FAB”), Industrial and…
TDB and UNTU Capital sign an MOU as part of the inauguration of TDB’s SME Programme in Zimbabwe. Harare, October 2nd 2018 – TDB launches SME Programme Building on its strong growth and expanded capacity, the Eastern and Southern African Trade and Development Bank (TDB) is launching a brand-new programme specially designed to…
TDB’s lowest-cost-ever global Eurobond is 3.3X oversubscribed Nairobi, May 29, 2019 – TDB’s senior unsecured 5-year USD 500mn Eurobond issued this past May 16th, makes history as TDB’s lowest-cost-ever global Eurobond. With a reoffer yield of 5.000% and a 4.875% coupon, the bond was oversubscribed 3.3 times, and closed with an order book of USD…
Nairobi, May 27, 2019 – TDB and JBIC signed on May 24th a USD 350 million 10 to 20-year export credit line, the largest of its kind, with the longest tenor, to have been executed between both institutions to date. Part of the credit line will be covered by Nippon Export and Investment Insurance (NEXI),…
CEG & TDB sign a Green Finance Cooperation Protocol Beijing, April 28, 2019 – On the sidelines of the Second Belt and Road Forum held in Beijing, China, China Everbright Group (CEG) and the Trade and Development Bank (TDB) signed a Green Finance Cooperation Protocol aiming to establish a comprehensive and long-term strategic partnership to…
Development Banks align with the Paris Agreement and Long-Term Sustainable Financing in Africa March 14th 2019, Nairobi – Today, at the One Planet Summit in Nairobi (OPS), the International Development Finance Club (IDFC) and the Trade and Development Bank (TDB) convened leading Development Finance Institutions (DFIs), and prominent private banks to lead discussions on…
An AFD-TDB Climate Credit Facility of USD 120M will be set-up March 14th 2019, Nairobi – on the occasion of the One Planet Summit in Nairobi (OPS), the Agence française de Dévelopement (AFD) and the Trade and Development Bank (TDB) signed a Statement Letter formalizing their commitment towards a USD 120M credit facility which…
Addis Ababa, 9 February 2019: The time has come for African agripreneurs, creatives, financiers and fashionistas to seize the limelight together. In the words of Dr. Frannie Léautier, TDB Chief Operating Officer: “if we fully develop the fashion value chain, it will result in a 25% increase in welfare across Africa. Exports could triple in…
TDB and Enat Bank to support SMEs and women exporters Addis Ababa, December 5th 2018 – As part of its commitment to make entrepreneurship more inclusive in the 22 Member States it serves, the Eastern and Southern African Trade and Development Bank (TDB) is signing today an MOU with Enat Bank. The MOU will support…
Nairobi, 27 August 2018 – The Eastern and Southern African Trade and Development Bank (TDB) presents its compliments to all TDB Partners and Stakeholders and has the honor to inform that Dr. Frannie Léautier has been appointed as Chief Operating Officer (COO) effective 1st September 2018. She will also assume the responsibility of Executive Director,…
Tuesday, July 24, 2018: The Eastern and Southern African Trade and Development Bank (TDB) 34th Annual General Meeting will be held at the Serena Hotel, in Kampala, Uganda on the 30th and 31st July 2018. The planned activities include the Board of Governors Meeting, two signing ceremonies, and a Gala Dinner. The international event…
Kampala, 27 July 2018 – The Eastern and Southern African Trade and Development Bank (TDB) signed a grant of USD 25,000 to Powah Limited, an energy and technology solutions provider, to support the construction of the “Powah Hub” as part of the Bank’s Corporate Social Responsibility strategy for the region. The ceremony took place on…
Moroni, 11 juillet 2018 – La Banque de commerce et de développement d’Afrique orientale et austral a officiellement dévoilé aux Comores sa nouvelle identité sous la marque TDB (Trade Development Bank). Fondée il y a trois décennies, TDB a opéré sous l’appellation légale « Eastern and Southern African Trade & Development Bank » tout comme…
Washington, D.C. 21 April 2018 – OFID (the OPEC Fund for International Development) signed a membership and subscription agreement with the Eastern and Southern African Trade and Development Bank (TDB), subscribing to the bank’s Class B shares in capital stock amounting to US$20 million. Admassu Tadesse, President and Chief Executive of TDB and Suleiman J…
• Moody’s Rating for TDB upgraded to Baa3 with outlook stable • GCR Rating for TDB upgraded to BBB – with outlook stable • Ratings confirm TDB’s resilient business growth model and strong financial profile Credit rating agencies, Moody’s and Global Credit Ratings (GCR) have upgraded the Eastern and Southern African Trade and Development Bank…
The Trade and Development Bank (TDB) launched the Eminent and Distinguished Persons Advisory Panel in 2016 and held its inaugural meeting on the sidelines of the African Union Heads of State Summit in Addis Ababa, Ethiopia in January 2017. The eminent advisory panel is composed of current and former Heads of State, namely, Seychelles President…
On the 19th of March, 2017, Ethiopian Prime Minister Hailemariam Desalegn officially opened Habesha Cement plant, hailing the contribution of the Trade and Development Bank (TDB) to both Ethiopia and the Eastern and Southern Africa region. In 2013, TDB approved a facility which was utilized in the construction of the Habesha Cement Plant, a landmark…
The Trade and Development Bank (TDB), has a successful track record of issuing bonds within Africa and other international markets. TDB is a regular issuer in the global capital markets. Its previous issuances in the Eurobond market date to 2010 and 2013. In March 2017, the Bank issued a benchmark sized transaction of USD 500…
The Agence Française de Développement (AFD) signed a credit facility of USD 75 million and a grant support of EUR 0.5 Million with the Trade and Development Bank, on 12th April 2017 in Paris, to support its financing of infrastructure projects in Africa. The Trade and Development Bank (TDB) and the Agence Française de Developpement…
Two impactful institutional roundtables were organized by TDB on the islands of Mauritius and Seychelles in the summer of 2017. The first roundtable, held in Mauritius was attended by TDB institutional shareholders, investors, as well as the Honorable Marie Joseph Noel-Etienne Ghislain, Minister of Social Security, Reform Institutions and Environment and Sustainable Development, who was…
Seychellois president Danny Faure commended TDB during its 33rd Annual General Meeting of the Board of Governors, held last August in Beau Vallom, Seychelles. President Faure was in the company of distinguished guests, including H.E. Rupiah Bwezani, the former President of the Republic of Zambia; Dr. Donald Kaberuka, former President of the African Development…
Mr. Admassu Tadesse, President and CEO of PTA Bank and Mr. SUN Ping, Vice President of China Exim Banksigned a Memorandum of Understanding (MOU) at the Opening Session of the Annual Meeting. The MOU laidthe foundation for future cooperation between the two institutions in project and infrastructure finance, trade finance,treasury and in areas related to…
During the 6th Tokyo International Conference on African Development (TICAD VI), a major global forum and framework to facilitate the implementation of initiatives for promoting African development under the dual principle of African “ownership” and international “partnership”, PTA Bank signed various agreements with Japanese partners. A central feature of this framework is the cooperation between…
The Eastern and Southern African Trade and Development Bank (PTA Bank) is pleased to announce the successful financial close of its second Tanzanian Shillings denominated bond. The Thirty Two Billion Six Hundred Million (TZS 32.6 BN) bond with a five year tenor will support the Tanzanian Electric Supply Company (TANESCO) in its operations. The innovative…
Partners, Clients, Suppliers, Shareholders and the General Public are hereby informed that The Eastern and Southern African Trade and Development Bank, commonly known as PTA Bank, has changed its official brand name to TDB (Trade and Development Bank).
The Eastern and Southern African Trade and Development Bank, commonly known as PTA Bank, have changed its official brand name to TDB (Trade and Development Bank). Since its establishment over three decades ago, the Bank has operated under its legal name ‘’Eastern and Southern African Trade & Development Bank” as well as two trading names…
The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process
The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process
The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in …
In St. Louis, Emerson displays its product line in the dazzling Palace of Electricity as the nationwide demand for electricity continues to soar.
Emerson introduces the Parker scalloped blade design, moving air more quietly and efficiently. A design breakthrough upgrades Emerson.
Two Scotland-born brothers, Charles and Alexander Meston, see a tremendous business opportunity in developing a reliable electric motor.