Company type | Government-owned |
---|---|
Industry | Finance |
Founded | 1983[1] |
Headquarters | Johannesburg, South Africa [2] |
Key people | Boitumelo Mosako (CEO)|Dr. Simon S. Brand (Founder)}} |
Products | Banking |
R R2.28bn [3] | |
Number of employees | 600 [4] |
Website | www |
The Development Bank of Southern Africa (DBSA) is a development finance institution wholly owned by the Government of South Africa. The bank intends to "accelerate sustainable socio-economic development in the Southern African Development Community (SADC) by driving financial and non-financial investments in the social and economic infrastructure sectors". [5]
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The Development Bank of Southern Africa is a South African development bank whose stated primary purpose is to promote economic development and growth, [6] improve the quality of lives of people and promote regional integration through infrastructure, finance and development.
The DBSA mandate focuses the banks underlying policy to play a catalytic role in delivering developmental infrastructure in South Africa and the rest of Africa. The Bank's mandate focuses 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 infrastructure project preparation, project 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 dependency. Through infrastructure development, the Bank attempts to make a contribution towards people's social and economic ways of life. It also promotes the sustainable use of scarce resources.
Promotion of regional integration through infrastructure is key in Africa's growth agenda and the DBSA plays an integral role in support of this objective. It for example actively participates in programmes such as the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) [7] and the Programme for Infrastructure Development in Africa (PIDA) Priority Action Plan. [8]
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), [9] SADC's Development Finance Resource Centre (DFRC), [10] the Association of African Development Finance Institutions (AADFI) [11] and the World Economic Forum's Sustainable Development Investment Partnership (SDIP). The Bank is actively involved in managing and implementing funds that support preparation and development of regional integration infrastructure projects. It does this on behalf of national and international partners. Examples of these include SADC's Project Preparation Development Facility (PPDF) [12] and the Infrastructure Investment Programme for South Africa (IIPSA), [13] 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, [14] is accredited to the Global Environment Facility and the Green Climate Fund, and in accordance with COP21, supports business innovation and delivering scale to the emerging green economy. [4]
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. [15] DBSA has been collaborating with French DFI, AFD since 1994. [6]
The DBSA provides planning, financing and implementation support to municipalities in sectors that include water and sanitation, electricity, roads and houses.
Supported municipal programmes include Tshwane Rapid Transit [16] and financing the Durban University of Technology (DUT) student village. [17]
Economic or hard infrastructure is all infrastructure necessary for the functioning of a modern industrial nation. DBSA aims to address capacity and bottleneck constraints in order to optimise economic growth potential by supporting the following sectors:
Past projects include the !Ka Xu Concentrated Solar Power Project. [18]
Social or soft infrastructure is all the institutions which are required to maintain the economic, health, cultural and social standards of a nation or region. DBSA aims to address backlogs and expedite the delivery of essential social services in support of sustainable living conditions and improved quality of life within communities by supporting planning, financing and implementation support to non-municipal infrastructure projects including:
Past projects include emergency repairs and maintenance in health facilities in Limpopo, [19] Masimong Hostel refurbishment Public-private partnership (PPP) [20] and the Accelerated Schools Infrastructure Delivery Initiative. [21]
The European Bank for Reconstruction and Development is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies.
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees.
The New Partnership for Africa's Development (NEPAD) is an economic development program of the African Union (AU). NEPAD was adopted by the AU at the 37th session of the Assembly of Heads of State and Government in July 2001 in Lusaka, Zambia. NEPAD aims to provide an overarching vision and policy framework for accelerating economic co-operation and integration among African countries.
The Global Environment Facility (GEF) is a multilateral environmental fund that provides grants and blended finance for projects related to biodiversity, climate change, international waters, land degradation, persistent organic pollutants (POPs), mercury, sustainable forest management, food security, and sustainable cities in developing countries. It is the largest source of multilateral funding for biodiversity globally, and distributes more than $1 billion a year on average to address inter-related environmental challenges.
The French Development Agency is a public financial institution that implements the policy defined by the French Government. It works to fight poverty and promote sustainable development. This public institution is active in Africa, Asia, the Middle East, Latin America, the Caribbean and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet.
The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, often simply shortened to GIZ, is the main German development agency. It is headquartered in Bonn and Eschborn and provides services in the field of international development cooperation and international education work. The organization's self-declared goal is to deliver effective solutions that offer people better prospects and sustainably improve their living conditions.
The Infrastructure Consortium for Africa (ICA) was launched at the 2005 G8 Gleneagles Summit, with the mission to help improve the lives and economic well-being of African people by supporting and promoting increased infrastructure investment from both public and private sources.
The United Nations Environment Programme Finance Initiative is a partnership between the United Nations Environment Program (UNEP) and the global financial sector to catalyse action across the financial system to align economies with sustainable development. As the UN partner for the finance sector, they convene financial institutions on a voluntary basis to work together with them, and each other, to find practical solutions to overcome the many sustainability challenges facing the world today. UNEP FI does this by providing practical guidance and tools which support institutions in the finance sector to find ways to reshape their businesses and commit to targets for limiting greenhouse gas emissions, protecting nature, promoting a circular economy and supporting financial inclusion to address inequality. The solutions developed effectively form a blueprint for others in the finance sector to tackle similar challenges and evolve their businesses along a sustainable pathway. The creation and adoption of such a blueprint also informs policy makers concerned with sustainability issues about what would constitute appropriate regulation for the finance sector at large. Founded in 1992, UNEP FI was the first organisation to pioneer engagement with the finance sector around sustainability. The Finance Initiative was responsible for incubating the Principles for Responsible Investment and for the development and implementation of UNEP FI’s Principles for Responsible Banking and Principles for Sustainable Insurance as well as the UN-convened net-zero alliances. Today, UNEP FI provides sustainability leadership to more than 400 financial institutions, with assets of well over $80 trillion headquartered around the world.
Climate change in Africa is an increasingly serious threat as Africa is among the most vulnerable continents to the effects of climate change. Some sources even classify Africa as "the most vulnerable continent on Earth". This vulnerability is driven by a range of factors that include weak adaptive capacity, high dependence on ecosystem goods for livelihoods, and less developed agricultural production systems. The risks of climate change on agricultural production, food security, water resources and ecosystem services will likely have increasingly severe consequences on lives and sustainable development prospects in Africa. With high confidence, it was projected by the IPCC in 2007 that in many African countries and regions, agricultural production and food security would probably be severely compromised by climate change and climate variability. Managing this risk requires an integration of mitigation and adaptation strategies in the management of ecosystem goods and services, and the agriculture production systems in Africa.
Thomas Zondo Sakala is an experienced Zimbabwean economist and development banker. He is the former Vice-President of the African Development Bank in charge of Country and Regional Programmes . He was the SADC nominee for the Presidency of the African Development Bank (AfDB)
Habitat III, the United Nations Conference on Housing and Sustainable Urban Development, took place in Quito, Ecuador, from 17 – 20 October 2016.
The Sustainable Development Investment Partnership (SDIP) is an international public-private partnership which aims to use blended finance to support sustainable infrastructure investments in developing countries. The SDIP thus brings together public, private and philanthropic entities to work towards the Sustainable Development Goals (SDGs) set out by the United Nations. The SDIP was launched at the United Nations Conference on Financing for Development in Addis Ababa in July 2015 with 20 founding members, which has since risen to 42. The World Economic Forum and OECD were founding partners and provide institutional support. SDIP's inaugural meeting took place in Geneva, Switzerland on 15 September 2015.
Water-related industry in Africa provides jobs and employment opportunities in many sectors, for example agriculture, fisheries, manufacturing and industry.
Science and technology in Botswana examines recent trends and developments in science, technology and innovation policy in this country. The Republic of Botswana was one of the first countries of the Southern African Development Community (SADC) to adopt a science and technology policy in 1998. This was later updated in 2011.
This article examines trends and developments in science and technology in Malawi.
This article examines trends and developments in science and technology in Zimbabwe since 2009.
The World Bank Group is a family of five international organizations that has provided leveraged loans and monetary assistance to the Central American country of Honduras in order to assist with the funding of critical tasks needed to ensure security of Honduran access to financing, expansion of social program coverage, and rural development. The country is the second poorest in Central America and its high poverty rate of 66% in 2016 has prompted an increased focus on the importance of diversification of rural income sources, quality education, and targeted social programs as a way of spurring economic growth.
Science and technology in Tanzania describes developments and trends in higher education, science, technology, innovation policy, and governance in the United Republic of Tanzania since the turn of the century.
The ECOWAS Bank for Investment and Development (EBID) is a leading regional investment and development bank, owned by the fifteen Economic Community of West African States (ECOWAS) Member States.