Includes how major projects are financed and gives examples where relevant. Explains activities of the multilateral development banks in and other aid-funded projects where procurement is open to U.S. bidders.
Last Published: 8/5/2019

Sources of Project Financing in Eswatini

NIDCS
NIDCS activities complement the GKoE’s effort to attract investment by offering equity participation and anchoring investor confidence in Eswatini. Currently, they support undertakings in sectors such as Food and Beverages, Agri-business, Health and Pharmaceuticals, Infrastructure and Engineering, Paper, Plastic and Leather, Textiles and Apparels, Communications, Mining and Minerals, Financial Services, Finance and Entertainment.

Eswatini Industrial Development Company (EIDC)
EIDC is prepared to take up shares, thereby providing equity finance where required.  EIDC also offers medium- to long-term loans, and leases factory space.  EIDC will only participate in projects that are technically feasible, financially viable, and soundly managed.  EIDC gives priority to projects which provide permanent employment, generate foreign exchange, and improve Eswatini’s human capacity.

Eswatini Investment Development Company
P.O. Box 866
Mbabane
Tel: +268.2404.4010/2
Fax: +268 2404-5619
http://www.EIDC.co.sz

Tibiyo Taka Ngwane
Tibiyo Taka Ngwane conducts free enterprise business on behalf of the Swati Nation with the King serving as Trustee.  Tibiyo has a portfolio of nearly 30 interests, in mining, manufacturing, property, finance, agriculture, tourism, transport, and other sectors.  Tibiyo frequently works in partnership with major companies and international development agencies.
Tibiyo Taka Ngwane
P.O. Box 181
Kwaluseni
Tel: +268 2518-4390
Fax: +268 2518-4399
http://www.tibiyo.com

U.S. Trade and Development Agency (TDA)
The U.S. Trade and Development Agency promotes economic development in developing countries by funding feasibility studies, consultants, training programs, and other project planning services. In Africa, TDA assists U.S. firms by identifying major development projects that offer large export potential and by funding U.S. private sector involvement in project planning. This, in turn, helps position U.S. firms for follow-on activities during the implementation phase of the project.  TDA recently opened an office in
Johannesburg, located at the Ronald H. Brown Commercial Center.  For additional information contact:

Jacob Flewelling, Africa Business Development Manager
U.S. Consulate - Johannesburg
1 Sandton Drive
Sandhurst, South Africa
Phone: +27 (11) 290-3084
Email: jflewelling@ustda.gov
 

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