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.

Covid19 Incident Statement

Featured Idbz Projects

  • Current

    Baobab – Kariba stands now selling

  • Current

    Elizabeth Park - Ruwa Stands now selling

  • Current

    From the intersection of Harare Drive and Second Street Extension proceed along Harare Drive and to the left side after the Manzil residential area there is an open space which is the Sumben project location.

  • 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.

Forex Rates

26 Feb 2021

Buy Sell
1USD-RTGS 81.7896 85.98
1USD-ZAR 14.6681 15.80
1GBP-USD 1.3603 1.44
1EUR-USD 1.1854 1.30
1USD-BWP 10.3181 11.40

Welcome to Infrastructure Development Bank of Zimbabwe (IDBZ)

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