Trade and Development Bank (TDB)

Company description

The Trade and Development Bank, formerly the PTA Bank, is a trade and development financial institution operating in eastern and southern Africa. TDB is the financial arm of the Common Market for Eastern and Southern Africa. The Bank provides bespoke bilateral and syndicated short and long-term financial solutions in numerous sectors to sovereign, financial institutions, and corporate clients, including SMEs, from the region. This includes direct financing via senior and mezzanine debt, equity, guarantees, export credit financing as well as a range of non-financial products such as advisory, asset management and agency services. TDB has principal offices in Mauritius and Burundi, regional offices in Kenya, Zimbabwe and Ethiopia, and DR Congo. TDB is part of TDB Group, which also comprises the Trade and Development Fund (TDF), Eastern and Southern African Trade Advisers Limited (ESATAL), TDB Captive Insurance Company (TCI), and the TDB Academy.

Company details

City:
Mauritius
Address:
Africa FI Place, Lot No. 13, Wall Street, Cybercity, Ebene, Mauritius

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 02, 2024

    Financial close for 35 MW Menengai geothermal project in Kenya

    Globeleq and its local project partner Geothermal Development Company (GDC) have reached financial close on their 35 MW Menengai geothermal project in Nakuru County, Kenya. The primary project lender...

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  • February 10, 2023

    Globeleq selects EPC for 35 MW geothermal project in Nakuru County

    Globeleq has signed an engineering, procurement, and construction (EPC) contract as well as a long-term service agreement (LTSA) with Toyota Tsusho Corporation (TTC) for the 35 MW Menengai geothermal...

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  • December 16, 2022

    Globeleq signs financing agreement for 35 MW geothermal project in Nakuru County

    Globeleq has signed a US$72 million in debt financing with African Development Bank (AfDB), Finnfund, and the Eastern and Southern African Trade & Development Bank (TDB) for the 35 MW Menengai geo...

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