The Trade Development Bank Group marked its 40th anniversary recently, celebrating decades of advancing trade, regional integration, and sustainable development across Africa.
The anniversary celebrations were held at Kampala Serena hotel under the theme “Innovating Solutions to Accelerate Sustainable Development,” reflecting TDB Group’s core purpose and operating principle.
The Group promised to continue to strengthen its role as a catalyst for scaling up development financing, fostering regional economic integration, and supporting sustainable growth across Africa.
Delivering the keynote address, Ramathan Ggoobi, the permanent secretary and secretary to the Treasury, commended TDB Group’s institutional evolution and enduring development impact.
“This milestone is not merely a commemoration; it is a moment to reflect on TDB Group’s institutional evolution and enduring commitment to Africa’s development. From its beginnings as PTA Bank, TDB Group has grown into a world-class development finance institution, central to regional integration.”
Established in 1985, the Trade and Development Bank Group is an African regional multilateral development bank with a mandate to finance and foster trade, regional economic integration, and sustainable development in Africa.
TDB Group counts several subsidiaries and strategic business units, including Trade and Development Banking, TDB Asset Management, the Trade and Development Fund, TDB Captive Insurance Company, the ESATAL trade asset management company, and TDB Academy.
Uganda, one of TDB Group’s founding member states, has been a key beneficiary of the Bank’s development financing. Since its inception, TDB Group has injected close to $1 billion into Uganda across priority sectors, including energy, agribusiness, manufacturing, infrastructure, banking and financial services, and health.
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