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Concept
Development Bank of Southern Africa
Summary
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".
The Development Bank of Southern Africa is a South African development bank whose stated 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.
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) and the Programme for Infrastructure Development in Africa (PIDA) Priority Action Plan.
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