Lesotho, 21st May 2025 - Green Dollar Development Bank is a regulated investment bank that is making waves in Lesotho and around the world.The bond issuance will be in line with the bank's Green Bond Framework.The bank has carbon credit assets to the value of $US250 Million under its hold firm called Lera Rural Afforastation Holdings Ltd UK.Furthermore,Green Dollar Development Bank is backing up the issuance and minting of Green Dollar Coins (GDC) an open stablecoin which will be in the market in August 2025 through presale and Air drop allocation.
The funds raised through this Green bond transaction will be specifically used to finance eligible projects in accordance with the Green Dollar Development Bank's Green Bond Program for the purpose of supporting African countries transition to green growth.The bond proceeds will contribute to building emancipation against the adverse effects of climate change, achieving sustainable infrastructure, developing ecosystems,promoting efficient and sustainable use of natural resources such as water, energy sectors particularly vulnerable to climate change across the continent.The bank will go beyond supporting private sectors and governments financially in enhancing their operations.
This fundamental transaction of the Green Bond emphasizes the Bank’s focus on delivering on its Five -Year Strategy whose overarching objectives are inclusive growth and transition to green growth. It also illustrates the Bank’s consistent effort to commit to its role as one of the main actors of climate finance in Africa, particularly in the sustainable water and waste water management sector.
Green Dollar Development Bank is funding a trade and investment continental wing of Africa Union through a special purpose vehicle stationed in the United States of America.This bank offers complementary long-term financing, sector expertise and a quality stamp for any lucrative project. The lending products include corporate and sovereign loans, loans to municipalities, loan programs to financial institutions, sustainability-linked lending as well as investments.
Green Dollar Development Bank is poised to play a critical role in promoting sustainable economic development, social justice, and environmental stewardship in Lesotho and beyond. The bank has a strong management team, robust risk management framework, and commitment to social and environmental responsibility.
Email: tradeservices@greendollardevbank.com
Media Contact
Organization: Green Dollar Development Bank
Contact Person: Jia Ying Wang
Website: http://www.greendollardevbank.com/
Email: Send Email
Country:Lesotho
Release id:28079
Disclaimer: This is not an offer to sell or a solicitation to buy any securities. All information is for general purposes only and subject to regulatory approval. Please consult a licensed financial advisor before making any investment decisions.
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