Somali Development And Reconstruction Bank
The Somalia Development and Reconstruction Bank (SDRB) is a national development bank dedicated to fostering economic recovery, growth, and sustainable development in Somalia. Established in 1968 and reconstituted in 2014, SDRB operates with a renewed mandate to catalyse investments, drive innovation, and support the private sector in unlocking Somalia’s vast economic potential. SDRB focuses on key sectors such as agriculture, fisheries, renewable energy, infrastructure, and financial services, addressing critical gaps in access to finance and promoting inclusive growth. By leveraging Somalia’s unique resources—such as its abundant solar energy potential, extensive coastline, and vibrant digital economy—SDRB aims to transform challenges into opportunities for prosperity. With a commitment to Sharia-compliant financing, SDRB offers tailored financial instruments, including credit guarantees, asset financing, and public-private partnerships to de-risk investments and attract private capital. The bank also prioritises capacity building, technical assistance, and climate-resilient projects to ensure long-term sustainability. As a catalyst for development, SDRB collaborates with international partners, government agencies, and local stakeholders to drive economic transformation, create jobs, and improve livelihoods across Somalia. Together, we are building a brighter future for Somalia, one investment at a time.
51 to 200 staff