Canadian FDI Findev supports East African Trade Bank
The agency has provided a $20 million credit facility to TDB.
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▪ Canadian FDI Findev supports East African Trade Bank
▪ The agency has provided a $20 million credit facility to TDB.
▪ https://www.africabusinessplus.com/en/810051/canadian-fdi-findev-supports-east-african-trade-bank/
The Eastern and Southern African Trade and Development Bank (TDB), the East African development bank focused on trade finance, received a welcome boost to its financing for economic operators. The Canadian development agency FinDev, headed since March 2021 by Lori Kerr (ex-Inter-American Development Bank), will provide US$20 million in credit facilities to the bank led by Ethiopian Admassu Tadesse, CEO since 2011.
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