Luanda - The Business Forum on financing opportunities, taking place on Friday in Luanda, will be attended by the CEO of the Eastern and Southern African Trade and Development Bank (TDB) group, Admassu Tadesse, in addition to the participation of representatives from the public and private sector.
The participation of the bank manager's in the forum, to be promoted by the Sovereign Fund of Angola (FSDEA), is part of his official visit to Angola from the 25th to the 30th of the current month, with a view to strengthening cooperative relations between the two institutions, as well as exploring new investment opportunities that contribute to the country’s sustainable development.
Admassu Tadesse's agenda also includes audience with members of the Angolan government, a meeting with the FSDEA administration, visits to projects financed by the FSDEA, such as the AMUFERT project, which will be dedicated to the production of fertilizers in the municipality of Soyo, province of Zaire. He will also hold a meeting with the Board of Directors of the TDB group, as part of the entry of the Sovereign Fund of Angola into the capital of this bank.
The institution, founded in 1985, is an award-winning regional African development finance group with a mandate to finance and promote trade, regional economic integration and sustainable development.
The bank has an asset base of US$10 billion and has 25 African member states, which, together with non-regional countries and institutional investors from Africa, Europe and Asia, form the TDB shareholder community.
The financial institution integrates several subsidiaries and strategic business units, including Banking, Asset Management, Development Fund, Seguradora Captiva, Eastern and Southern African Trade Advisers Limited (ESATAL) and Academia.
TDB. HM/QCB/MRA/jmc
