Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

The IDBZ was formed on the 31st of August 2005, taking over the assets and liabilities of the former Zimbabwe Development Bank (“ZDB”). It was primarily set up as a vehicle for the promotion of economic development and growth, and improvement of the living standards of Zimbabweans through the development of infrastructure, which includes but not limited to energy, transport, water and sanitation, information communication technology (ICT) and housing.

Cautionary Shutdown in response to Covid19

Featured Idbz Projects

  • Completed
    Water & Sanitation

    The Bank undertook the reconstruction of education facilities damaged by Cyclone Idai under a budget support of ZW$2.5Million.

  • Housing

    As a national Development Finance Institution mandated to support the delivery of infrastructure throughout the country, the IDBZ is keen to consider and enter into mutually beneficial partnerships and joint ventures from all regions of Zimbabwe. The Bank is committed to ensuring broad-based and inclusive growth through the delivery of infrastructure in all the Provinces of Zimbabwe.

  • Completed
    Water & Sanitation

    As part of the IDBZ’s mandate and mid-term strategy (2016-2020) focus on development of infrastructure in various sectors of the economy which includes housing, energy, transport, water & sanitation and ICT sectors, the Bank, in direct response to the Cholera outbreak, partnered the City of Harare in providing necessary emergency interventions on the core infrastructure in the most vulnerable areas and nodes.

  • Housing

    Conveniently located close to Harare Drive and residents can easily access top rated schools, and entertainment all located in close proximity.The development is a distinct, attractive and environmentally sustainable community, with water, sewerage, roads and communal lighting serviced by IDBZ.

  • ​Energy & Power Supply

    Currently there is an energy daily deficit of between 300 to 400 MW. In that regard the Zimbabwe Power Company is refurbishing small thermal power stations to add power to the national power grid and has already appointed contractors for the three thermal stations.

Forex Rates

22 May 2020

Buy Sell
1USD-RTGS 24.5000 25.50
1USD-ZAR 17.2751 18.60
1GBP-USD 1.1897 1.26
1EUR-USD 1.0653 1.13
1USD-BWP 11.5275 12.74

Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

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