Eastern and Southern African Trade and Development Bank

03/27/2026 | Press release | Distributed by Public on 03/27/2026 14:14

TDB Group Supports Flood Relief Efforts in Mozambique

Maputo, 27 March 2026 - The Trade and Development Bank Group (TDB Group) announced yesterday a donation in support of flood relief efforts in Mozambique, where intense and prolonged rainfall since mid-December 2025 led to widespread flooding - severely affecting several communities across the country.

Severely damaging or destroying houses, water systems, crops and productive assets, health facilities and other vital infrastructure, and the floods have now impacted the livelihoods of nearly a million people, with hundreds of thousands displaced, and many fatalities.

Acknowledging the urgent humanitarian crisis triggered by the disaster, and working in collaboration with Mozambique's Ministry of Finance, TDB Group's donation will go towards priority needs including: emergency food supplies; temporary shelters materials for displaced families; water, sanitation and hygiene (WASH) supplies; essential medical and health supplies; and relief items for affected households.

"In this challenging situation, we are moved to join the relief efforts of the Government of Mozambique and the donor community with a modest contribution toward community recovery and rehabilitation efforts" said Admassu Tadesse, TDB Group President and Managing Director. "

H.E. Carla Alexandra Oreste do Rosário Fernandes Loveira, Minister of Finance of the Republic of Mozambique added: "We are grateful to TDB Group for standing in solidarity with the people of Mozambique in the face of this major humanitarian emergency, through their support sanitation and hygiene (WASH) supplies, essential medical and health supplies".

Since Mozambique became a Member State in 2016, TDB Group has deployed both short and long-term financing in the country across several sectors including transport, infrastructure, agribusiness and energy. Among other examples, the Bank has been financing and co-financing natural gas developments, agribusiness SMEs, trade-supporting infrastructure in the mining sector, agricultural productivity through fertilizers imports and energy security through the emergency import of commodities - including by collaborating with and supporting local financial institutions.

About TDB Group
Established in 1985, the Trade and Development Bank Group (TDB 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 (TAM), the Trade and Development Fund (TDF), TDB Captive Insurance Company (TCI), the ESATAL trade asset management company and TDB Academy.
www.tdbgroup.org

About the Ministry of Finance
The Ministry of Finance is the central organ of the state apparatus that, in accordance with the principles, objectives, and tasks defined by the Government, oversees the management of public finances, the monetary, financial, and foreign exchange markets; international financial cooperation; state assets; the exercise of financial tutelage; and the management of seized assets.
www.mef.gov.mz

Eastern and Southern African Trade and Development Bank published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 27, 2026 at 20:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]