News

USAID’s Power Africa and the Trade and Development Bank Sign an MOU

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...

TDB Signs a US$ 460 Million Dual Tranche Syndicated Term Loan Facility

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...

Announcement: Senior Appointment of Dr. Abdalla Hamdok as Special A...

  1 November 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 announce that Dr. Abdalla Hamdok has been appointed as Special Advisor, effective 1st November 2018. As Special Advisor, Dr. Hamdok will work closely with TDB’s leadership...

TDB Launches its SME Programme

    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...

Announcement: Appointment  of Dr. Frannie A. Léautier as Chief Oper...

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,...

Government and Private Sector Leaders Convene at TDB’s 34th AGM in ...

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...

TDB to support Off-Grid Power Solution as part of its CSR mandate

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...

TDB dévoile sa nouvelle identité en Union des Comores

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...

OFID invests 20 Million USD in TDB Shares

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...

TDB Achieves New Milestone With First Investment Grade Rating

• 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...