China Eximbank provides $300 million credit facility to TDB for on-lending purposes in 2022

$300M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Eastern and Southern African Trade and Development Bank (TDB)
Country	Africa, regional
Start Date	Sep 01, 2022
End Date	Nov 09, 2026
Duration	1,530 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`105806`

Grant Description

China Eximbank provides $300 million credit facility to TDB for on-lending purposes in 2022 In September 2022, China Eximbank and Eastern and Southern African Trade and Development Bank (TDB) signed a $300 million credit facility agreement for on-lending purposes.

📋 Loan / Grant Terms

💰 Loan Amountcarries a 3-year maturity (final maturity: September 2025)

📅 Maturity3 years

📋 Staff Comments

1. This China Eximbank borrowing was not included in the Chinese Loans to Africa (CLA) Database — that is maintained by Boston University's Global Development Policy Center — as of September 2024.

📚 Sources & References

ANNUAL REPORT & FINANCIAL STATEMENTS 2023
ANNUAL REPORT & FINANCIAL STATEMENTS 2022 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.