Trade Development Bank

East Africa,Africa Financial services

The Eastern and Southern Africa Trade and Development Bank – TDB Bank – is a regional development bank headquartered in Burundi. It has offices in Nairobi, Harare, and Ebene.

Established in 1985, its aim is to facilitate economic growth, trade and regional integration through its role as a financial intermediary providing trade and project finance in 17 countries across East and Southern Africa.

It invests in a range of sectors, including agriculture, trade, industry, infrastructure, energy and tourism and provides a range of financial products and services across both the private and public sectors.

  • Active
  • Exited

Intermediated investment

We are invested in Trade Development Bank through Investec Africa Credit Opportunities Fund, which is managed by Investec Asset Management. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Exited
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, East Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Website:
https://www.tdbgroup.org/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Investec Africa Credit Opportunities Fund
Fund Manager:
Investec Asset Management
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Burundi

Intermediated investment

We are invested in Trade Development Bank through European Financing Partners III, which is managed by European Financing Partners. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, East Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Website:
https://www.tdbgroup.org/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
European Financing Partners III
Fund Manager:
European Financing Partners
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2015
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Burundi

Intermediated investment

We are invested in Trade Development Bank through Investec Africa Credit Opportunities Fund, which is managed by Investec Asset Management. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, East Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Website:
https://www.tdbgroup.org/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Investec Africa Credit Opportunities Fund
Fund Manager:
Investec Asset Management
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2015
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Burundi

Trade Finance

Our investment

CDC entered into a $75 million shared risk facility with the Eastern and Southern African Trade and Development Bank. CDC’s investment will enable TBD to increase trade flows by up to $420 million over the next three years in the markets in which it operates. Somalia, Sudan, Uganda, Zambia and Zimbabwe.

Expected impact

CDC's investment will enable TDB to increase its infrastructure support throughout the region and provide longer-term funding to businesses and projects. This includes providing finance to support vital trade and infrastructure projects – from hydro-electric power in Uganda to telecomms in Zanzibar. TDB will also provide technical assistance and advice to clients setting up trade-related projects, particularly to support regional and cross-border trade.

Environmental and social aspects

CDC has worked closely with TDB to develop the bank's Environmental and Social Management System and environmental and social checklists.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Countries:
East and Southern Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Website:
https://www.tdbgroup.org/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Trade Finance
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2016
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$175m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Burundi