Members

Development Bank of Southern Africa

Advancing Africa’s Infrastructure, Integration and Broad-Based Economic Growth.

The Bank’s roles are: Financier, Advisor, Partner, Implementer and Integrator.

The Development Bank of Southern Africa (DBSA) is a leading development finance institution (DFI) established in 1983 and wholly owned by the South African Government. The Bank’s development agenda is premised on its VISON: “A prosperous and integrated region progressively free of poverty and dependency.”

The DBSA is stepping up to become a centre of excellence for infrastructure development within South Africa and in the broader southern Africa region. Within South Africa, the Bank has been invited by the Government to play a catalytic role in supporting government’s delivery on priority national mandates, with the special emphasis on green energy, hospital and school infrastructure as well as water and sanitation. On the African continent, the DBSA will, among other engagement continue to work closely with Governments and regional institutions towards achieving their development priorities.

As a financier and advisor, the DBSA co-finances, lead arranges, underwrites and advises on the funding of infrastructure and socio-economic projects in the region. In this way, the Bank has supported several pioneering and transformative development projects worth some USD 10 billion.

Examples include the first and award winning public private partnership public hospital in Lesotho, Namibia’s first and environmentally friendly Ohorongo Center Plant, Lesotho’s landmark Highland Water Project, Zambia’s Lusemfwa IPP, one of the region’s first independent power producers and Mozambique’s Mozal Aluminum Smelter.

As a partner, the DBSA has taken early stage pre-investment project preparation and development risks with sponsors and other partners to establish the feasibility of major projects such as the Kariba North bank Hydro Power Extension Project Zambia, the Beitbridge-Harare-Chirundu Arterial Road in Zimbabwe and the Ndjil Nation Airport in Kinshasa, in the Democratic Republic of Congo (DRC).

As an integrator, the Bank has provided grand funding in early stage pre-investment support of cross-border power transmission lines that will expand and inter-connect sub-regional power pools. Examples include the DRC and Zambia interconnector, and the Kenya-Ethiopia inter-connector, among other initiatives.

As implementer, the DBSA has managed the restoration of Timbuktu’s world famous ancient manuscripts in Mali. This was done on behalf of the South African Government and various private sector donors. The Bank has been managing numerous programmes, facilities and funds for the region on behalf of national, regional, bilateral and multi-lateral partners and stakeholders, through an Agencies Unit set up specifically to manage partner’s funds.

 

Business performance overview (extract from page 2 of the 2010/2011 Company annual report)

5 year Average 2010/11 2009/10
Total DBSA contribution to approval (R million 17723 34101 15000
Average value per approval 168,9 509.0 110,1
Number of investment approvals 145 67 137
Disbursements (R million) 7152 8336 8257
Technical assistance grants disbursed (R million) 58,7 65,2 67,5
Number employees (excluding contractors, etc.) 617 703 680
Net contribution per employer to disbursements (R million) 11,4 11,8 12,2
% of employment equity managers at year-end 75,3 73,8 74,6
Impact on employment (thousands of jobs) 27,4 22,2 31,6
Impact on GDP (R million) 5531 4503 7242
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