Development Bank of Southern Africa

Development Bank of Southern Africa
Government-owned
Industry Finance
Founded 1983[1]
Headquarters Johannesburg, South Africa[2]
Key people
Pravin Gordhan (Governor)
Patrick Dlami16.pni (CEO)
Products Banking
Increase R R2.6bn[1]
Number of employees
600[1]
Website www.dbsa.org

The Development Bank of Southern Africa (DBSA) is a development finance institution wholly owned by the government of South Africa that seeks to "accelerating sustainable socio-economic development and improve the quality of life of the people of the Southern African Development Community (SADC) by driving financial and non-financial investments in the social and economic infrastructure sectors".[3]

History

The Development Bank of Southern Africa (DBSA) is a South African state-owned enterprise and a leading development finance institution working across the African continent. Established in 1983, its primary purpose is to promote economic development and growth, improve the quality of lives of people and promote regional integration through infrastructure finance and development.

At the core of its mandate, the DBSA seeks to play a catalytic role in delivering developmental infrastructure in South Africa and the rest of Africa. The Bank's focus areas are the energy, water, transport and telecommunications sectors, with a secondary focus on health and education. The DBSA is actively involved in all phases of the infrastructure development value chain and plays a key role in project preparation, funding as well as infrastructure implementation and delivery.

The ultimate vision of the DBSA is to achieve a prosperous and integrated resource efficient region, progressively free of poverty and dependence. Through infrastructure development, the Bank makes a meaningful contribution towards people's social and economic upliftment, while also promoting the sustainable use of scarce resources. The promotion of regional integration through infrastructure is a key pillar of Africa's growth agenda and the DBSA plays an integral role in support of this objective by actively participating in programmes such as the South African Renewable Energy Independent Power Producer Programme (REIPP) and the Programme for Infrastructure Development in Africa's Priority Action Plan.

Partnerships are a key enabler for the DBSA and the Bank has established a number of key strategic partnerships with global and regional institutions such as the International Development Finance Club (IDFC), SADC's Development Finance Resource Centre (DFRC), the Association of African Development Finance Institutions (AADFI) and the World Economic Forum's Sustainable Development Investment Partnership (SDIP). The Bank is also actively involved in managing and implementing funds that support the preparation and development of regional integration infrastructure projects on behalf of national and international partners. Examples of these include SADC's Project Preparation Development Facility (PPDF) and the Infrastructure Investment Programme for South Africa (IIPSA) which the DBSA manages on behalf of the European Union.

The DBSA is guided by a number of international, regional and local policies, accords and agreements in fulfilling its mandate. It subscribes to the goals and targets of the United Nations’ Transforming our World: the 2030 Agenda for Sustainable Development. Furthermore, it is accredited to the Global Environmental Facility and Green Climate Fund and in accordance with COP21, supports business innovation and delivering scale to the emerging green economy. [1]

Projects

The DBSA supports the South African government in leveraging skills and capabilities to accelerate the implementation of infrastructure programmes in the key priority sectors of education, health and housing, as well as various municipal infrastructure programmes.

MUNICIPAL PROJECTS: The DBSA provides planning, financing and implementation support to municipalities which includes • water and sanitation • electricity • roads • houses

Municipal programmes include the Tshwane Rapid Transit and Financing the Durban University of Technology student village.

ECONOMIC INFRASTRUCTURE PROJECTS: Economic infrastructure is infrastructure aimed at addressing capacity and bottleneck constraints in order to optimise economic growth potential.

We support following sectors: • Bulk water • Transportation/logistics • Power/energy • Telecommunications • Liquid fuels (oil/gas) Economic Infrastructure projects include the !KA XU CSP PROJECT.

SOCIAL INFRASTRUCTURE PROJECTS: Social infrastructure is infrastructure aimed at addressing backlogs and expediting the delivery of essential social services in support of sustainable living conditions and improved quality of life within communities. Supports Planning, financing, and implementation support to non-municipal infrastructure projects including • Bulk water (financing) • Higher education (financing) • Student accommodation • Project implementation support for the construction and maintenance of houses, schools and health facilities These include Emergency repairs and maintenance in health facilities in Limpopo, Masimong Hostel refurbishment PPP and Accelerated Schools Infrastructure Delivery Initiative.

References

  1. 1 2 3 4 "DBSA Integrated Annual Report 2015/16" (PDF). Development Bank of Southern Africa. September 2016. Retrieved November 4, 2016.
  2. "Contact Us". DBSA. Retrieved 4 November 2016.
  3. "DBSA as an organisation". DBSA. Retrieved 6 December 2014.
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