The Development Bank of Southern Africa (DBSA) was established in 1983 to perform a broad economic development function within the homeland constitutional dispensation that prevailed at the time. In 1994, the new constitutional and economic dispensation of South Africa resulted in the transformation of the role and function of the DBSA.
Thus in 1997, the DBSA was reconstituted in terms of the Development Bank of Southern Africa Act (No. 13 of 1997), as a Development Finance Institution (DFI. Following the adoption of the new Bank’s growth strategy in November 2012 by the DBSA Board, the strategy was refocused to provide sustainable infrastructure finance and implementation support in selected African markets to improve the quality of life, of people, in support of economic growth and regional integration.
Key focus areas of the Bank’s new growth strategy are to:
• Double the Loan Book, from R47bn to R91bn by 2017, in order to expand its developmental reach,
• Maintain its presence in the Metropolitan Market whilst seeking to significantly increase its activities in medium and low capacity municipalities, SOEs, PPPs and the rest of the continent,
• Invest in Private Sector Intermediaries, and
• Expand the DBSA’s Role in Infrastructure Delivery
• Maintain its presence in the Metropolitan Market whilst seeking to significantly increase its activities in medium and low capacity municipalities, SOEs, PPPs and the rest of the continent,
• Invest in Private Sector Intermediaries, and
• Expand the DBSA’s Role in Infrastructure Delivery
