Trade Development Bank (TDB)
Developing an Actionable Pipeline of Investment Ready SMEs in the Off-grid Solar Value Chain – PAYGo, PICO and PULSE solutions.
TDB has contracted EED and Frankfurt School to develop an actionable pipeline for off-grid solar projects, focusing on PAYGo, PICO and PULSE models in need of financing in the range of USD 0.5 million to USD 2 million for the Trade and Development Fund (TDF). The TDB SME Off-Grid Facility provides access to debt financing for renewable energy SMEs in the off-grid sector value chain operating in the Bank’s region. This initiative is supported by the $415 million World Bank Regional Infrastructure Finance Facility (RIFF) signed with TDB in 2020, which comprises a 19-year credit line of USD 400 million, and a 38-year USD 15 million concessional Technical Assistance (TA) facility. The TDB established the Trade and Development Fund (TDF), a wholly owned subsidiary, to lead its initiatives for innovative, inclusive, and sustainable solutions through the effective use of concessional finance, special programmes and capacity building. The end goal is to present a pipeline of 20 bankable deals to enable future successful deployment of various credit lines.