FIFTH LINE OF CREDIT TO DEVELOPMENT BANK OF SOUTHERN AFRICA (DBSA - LOC 5)


Overview

  • Reference: P-ZA-HAA-009
  • Approval date: 03/02/2011
  • Start date: 19/03/2012
  • Appraisal Date: 22/06/2010
  • Status: OngoingOnGo
  • Implementing Agency: DEVELOPMENT BANK OF SOUTHERN AFRICA - DBSA
  • Location: SOUTH AFRICA (MID RAND)

Description

A fifth Line of Credit (LOC) to the Development Bank of Southern Africa (DBSA) for on-lending to infrastructure operations within the SADC region


Objectives

To increase the resources available to DBSA to enable it meet growing demand for infrastructure financing in the SADC region.


Rationale

The project provides financing for infrastructure projects (a key priority of the Bank) in the SADC region. The Bank is very supportive of DBSA as an intermediary based on the institution


Benefits

The proposed facility will support the delivery of economic and social infrastructure and promote broad-based economic growth, job creation, regional integration and prosperity in the SADC region.


Key contacts

ANSAH Dennis - OPSD4


Costs

Finance source Amount
ADBUSD 192,168,493
DeltaUSD 493
TotalUSD 192,168,000