The African Development Bank (AfDB) has approved a $200 million trade-finance credit line for the Trade and Development Bank (TDB), aimed at supporting trade across African markets. The AfDB board made the decision on 28 October 2026 and announced it on Monday, 9 November.
The facility is designed to revolve over three and a half years as earlier loans are repaid. The AfDB expects it to support more than $1 billion in trade transactions during that period, allowing the same pool of funds to serve successive import and export financing cycles.
Support for banks, importers and SMEs
Eligible beneficiaries include financial institutions, corporations and small and medium-sized enterprises involved in cross-border trade. The facility will also support purchases of refined petroleum products, fertiliser, medicines and staple food commodities in eligible TDB member states, helping fund trade and essential supplies.
TDB already offers import and export loans, pre- and post-shipment finance and trade guarantees. The new credit line is intended to increase its ability to provide these instruments to clients and partner financial institutions.
The two lenders also cooperate on trade-risk cover. In December 2024, they signed a separate $150 million risk-participation agreement to support trade-finance transactions, alongside the newly approved credit facility.