The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
Songa Energy is a company that specializes in developing hydropower plants in rural Africa, with a primary focus on Burundi. It aims to provide affordable and sustainable hydroelectricity to communities where access to electricity is severely limited, currently standing at less than 12% of the population. By harnessing the power of water, Songa Energy offers clean energy solutions that help to alleviate energy poverty.
MPower Ventures
Debt Financing in 2024
MPower Ventures AG is a crowdfunding platform focused on providing affordable clean energy solutions in emerging markets. Founded in 2017 and headquartered in Zurich, Switzerland, the company partners with local entities to finance and deploy clean energy systems tailored for households and small to medium enterprises. MPower Ventures offers high-quality Plug&Play solar kits and energy-efficient appliances for both domestic and productive use. Its proprietary software tracks and digitizes operations, leveraging data to enhance financial inclusion for end-users. The company also provides inclusive financing solutions for its partners and customers, making clean energy accessible to a broader audience. Additionally, MPower Ventures has offices in Madrid, Shenzhen, Cameroon, and Zambia, extending its reach to various regions.
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