Overview

TDB is a treaty-based, specialist regional multilateral development bank (MDB) that is investment grade, profitable and dividend paying. It operates on both market and sustainability principles, and does not offer concessional finance, as it is not a donor funded institution. Established by the Common Market for Eastern and Southern Africa (COMESA), it is owned by 23 sovereigns, mainly from eastern and southern Africa, from both COMESA and non-COMESA sovereigns, as well as non-African sovereigns and institutional shareholders such as international financial institutions, pension funds and insurance companies.