Infrastructure and Development Bank of Zimbabwe Transforming and retooling towards a DFI of scale

OUR MANDATE

The Infrastructure and Development Bank of Zimbabwe (IDBZ) is a development finance institution established by the Government of Zimbabwe in 2005 under the Infrastructure and Development Bank of Zimbabwe Act [Chapter 24:14].

The IDBZ’s core mandate is to support the development, structuring and financing of economic and social infrastructure in various sectors.

The Bank plays both technical and financial partner roles, supporting projects across the entire project cycle, from feasibility and structuring through procurement, investment mobilisation and project delivery.

Beyond infrastructure, the IDBZ provides tailored financing solutions to the productive sectors, targeting the infrastructure value chain, export growth, industrialisation, value addition and beneficiation and green transition.

In addition, the Bank is mandated to facilitate private sector and community participation in development projects, as well as to provide technical assistance around project planning, preparation and appraisal, financing and implementation.

VISION, MISSION AND PURPOSE

Vision: A Zimbabwe with a robust and inclusive infrastructure for sustainable growth and development.

Mission: To promote national development and the delivery of sustainable infrastructure in Zimbabwe through advisory and financing solutions.

Purpose: Uplifting the livelihoods of all Zimbabweans through sustainable infrastructure development.

Our Values: Integrity; Professionalism; Service Orientation; Transformational Innovation; Sustainability; and Knowledge Generation and Sharing.

OUR FINANCIAL SERVICES

Project Finance

Project finance – Project preparation finance, equity and mezzanine finance, structured debt finance, joint ventures and other partnerships, guarantees and climate finance

Productive Sector Finance

Structured finance solutions, capex and working capital loans, trade finance, order finance, invoice discounting guarantees

Micro Loans (Financial inclusion window)

Business loans, asset finance, solar system finance, group loans, payroll-based loans, education fees loans and personal loans

Treasury Services

The Bank has an active Treasury operation which offers the following services:

Money market investments, financial securities trading, term deposit placements and foreign currency transactions

Banking and Exchange Control

Local currency transaction accounts, foreign currency accounts (FCAs), HomeSaver account (savings for purchase of stands and housing units), electronic funds transfer (RTGS), internet banking, outward and inward telegraphic transfers (TTs), foreign currency purchases and sales foreign currency conversion, foreign investment transaction support and exchange control advisory services

PROJECT ADVISORY SERVICES

Through its non-financial interventions, the IDBZ provides a suite of technical and financial advisory services to ensure the successful delivery of projects: Project preparation and structuring PPP transaction advisory, project capital raising, project procurement support and project monitoring during construction

COLLABORATIVE PARTNERSHIPS

The IDBZ’s overall strategy is to build strategic alliances with public and private project promoters, institutional investors, other DFIs, development agencies and commercial banks to collaborate on the development, financing and delivery of development projects.

OUR STRUCTURED APPROACH

The Bank follows a structured framework to screen, onboard, prepare, appraise and structure projects towards bankability, enhancing the chances of reaching financial close and successful delivery.

KEY CONTACTS

IDBZ Management email: [email protected]

Infrastructure Project Delivery and Advisory email: [email protected]

Productive Sector Finance email: [email protected]

Project and Climate Finance email: [email protected]

Treasury Services email: [email protected]

Micro Loans email: [email protected]

OUR OFFICES

Head Office – Harare

IDBZ House, 99 Gamal Abdel Nasser Road

Harare, Zimbabwe

Tel: +263 242 75071-8