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Founded Since 1850
The Development Bank of Southern Africa (DBSA) is a development finance institution wholly owned by the Government of South Africa. The bank seeks 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
Established in 1983, the DBSA’s 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 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.
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 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) 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, 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.