CDC renews its confidence in Trade and Development Bank
The regional multilateral specialist bank will benefit from a fourth guarantee from the UK’s development, impact investor and finance institution CDC Group. The funds will provide it with short-term liquidity.
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▪ CDC renews its confidence in Trade and Development Bank
▪ The regional multilateral specialist bank will benefit from a fourth guarantee from the UK’s development, impact investor and finance institution CDC Group. The funds will provide it with short-term liquidity.
▪ https://www.africabusinessplus.com/en/806688/cdc-renews-its-confidence-in-trade-and-development-bank/
The $100 million guarantee, granted in the form of debt, will enable the financing of the needs of the Eastern & Southern African Trade and Development Bank‘s (TDB) client companies that specialise in the production and export of strategic goods, notably medical and agro-food products.
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