BNDES - Brazilian Development Bank

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BNDES Africa

Over the last few years, Africa has brought development back to the fore, with growth rates above the worldwide average. International trade between the continent and Brazil has managed to keep in step with such progress.

The Brazilian government has sought to strengthen its ties with the continent within the context of growing economic exchanges with developing countries.This foresight is reflected in the BNDES’ appointment of a division specifically for issues involving Africa, and in the creation, in December 2013, of its representative office in Johannesburg – known as BNDES Africa.

With the focus on information, prospecting, partnerships, institutional relations and technical cooperations, the BNDES' office plans to concentrate efforts to create partnerships and investments across the entire African continent.

BNDES Africa
Illovo Edge Office Park
Building 1, 4th floor
Cnr Fricker & Harries Road - Illovo - Sandton
2196 - Johannesburg - Republic of South Africa
Tel.: +27 (0) 11 243-5200
Fax: +27 (0) 11 243-5201 / +27 (0) 11 243-5202


Recent News  Recent News
BNDES disbursed R$ 105.5 billion up to October
Disbursements from the Brazilian Development Bank (BNDES) totaled R$ 105.5 billion between January and October 2015, with infrastructure standing apart as the sector that most required Bank financing. BNDES Card exclusive to MSMEs grew 4%. Releases to the “green economy” expanded 10.7%.
BNDES Profit up to September reached R$ 6.6 billion
The Brazilian Development Bank (BNDES) recorded a net profit of R$ 6.639 billion in the first nine months of 2015. The main positive factor was the increase in financial intermediation, reaching R$ 14.515 billion, some 52.9% above that recorded in the same period in 2014. Another positive indicator was the BNDES’ low default rate, 0.02%, in the period. This is considerably below the 3.1% average in the National Financial System (SFN), which demonstrates the high quality of the Bank’s credit portfolio.