development bank of southern africa overview · •core sectors: energy, transport, water, ict...
TRANSCRIPT
Development Bank of
Southern Africa
Overview
Agenda
2
OUR VISION: A prosperous and integrated region, progressively free
of poverty and dependency.
• Welcome • Overview of the DBSA • Priority Markets and Activities • Opportunities for collaboration
…
The Development Bank of Southern Africa (DBSA) has been in operation since
1983; and through its multiple roles has been key to infrastructure development
both in South Africa and the greater SADC region
3
Vision
Mission
Mandate
A prosperous and integrated region progressively free of poverty and dependency
“The DBSA shall advance development impact in the region through expanding access to development finance and effectively integrating and implementing sustainable development solutions”
•To promote economic development and growth, human resources development, and institutional capacity building in the region.
•To support sustainable development projects and programmes in the region •To focus on infrastructure •To leverage the private sector
DBSA’s Vision, Mission and Mandate
DBSA’s Multiple Roles
Financier Contribute to the delivery of basic services and promote economic growth through infrastructure
development
Advisor Build institutional, financial and knowledge capacity for development
Partner Leverage private, public and community stakeholders in the development process
Implementer Originate and facilitate key interventions for building capacity and providing development solutions
Integrator Mobilize and link stakeholders, resources and initiatives for sustainable development outcomes
DBSA’s multiple roles as a Development Financing Institution (DFI)
Strategic Overview DBSA strategy is driven by national imperatives and aims to achieve two
over-arching objectives
Deliver infrastructure
Achieve financial sustainability as foundation
for future growth
Infrastructure funding Infrastructure delivery support and
programme implementation
Provision of development finance and delivery capacity
to deliver infrastructure
Drive investments focusing on: • Core sectors: energy, transport, water, ICT • South Africa (municipalities, state-owned
enterprises, other public entities, public-private partnerships, private sector intermediaries)
• SADC
Support key government priorities: local government, health, education and regional integration in terms of SADC priorities.
• Grow development assets • Leverage third-party funds • Diversify product offering in support of
infrastructure development
DBSA to achieve financial sustainability over the medium term (grow equity greater than inflation) within acceptable risk framework: • Revenue maximisation • Non-interest income growth,
operational cost and impairments management
• Direct delivery: activities agreed with the shareholder and only undertaken on a full cost recovery basis
National imperatives National Development Plan
Presidential Infrastructure Co-ordinating Commission
4
Strategic Overview Priority Markets and Activities
Services Project development advisory
services
Project finance Accelerating infrastructure
delivery
Programme
implementation
Project identification Feasibility assessments Technical assistance Financial structuring Project preparation funds
Debt Mezzanine finance Limited and non-recourse lending Guarantees
Managing the design and
construction of key
projects in the education,
health and housing sectors
Project management
support, including to the
Jobs and Green Funds
Municipalities Public-private partnerships Public-public partnerships Regional integration
South Africa
Municipalities State-owned enterprises Public-private partnerships Public-public partnerships Private sector intermediaries
Outside South Africa
As for SA except Municipalities and Sovereign
National and provincial
government departments
National government
departments
Target markets
5
The International Division engages with various intermediaries,
and pursues mutually beneficial relationships…
Nature of engagement Partnerships / Intermediaries
Strategic SADC
COMESA
AfDB
AFD
KfW
Up-stream support
(project preparation)
AfDB
AFD
KfW
JICA
DFID
EIB
Advisory support DFI’s:
•Fonds de Promotion et de l’exportation – FPI (DRC),
•Lesotho National Development Cooperation
•ITT Power Station
Advisors: legal and financial advisors
Down-stream support
(co-financing)
Tanzania Investment Bank
Afrexim Bank
Shelter Afrique
Zambian Development Bank
African Financing Partnership
DBSA’s intermediaries and partners
….
Improved co-funding
opportunities and
access to regional
pipeline
Benefits accrued to investors and clients through collaboration with the DBSA
Credibility of operating via multi-lateral regional
implementation vehicle. Reduced risk
Access to existing operations and
networks
Coordinated approach and access to pooled
funding
Need for capacity building, advice and project preparation
support
Affordable mix of finance and grant funding
Investor Perspective:
gaining credibility for development interventions on the African continent
Client Perspective: benefiting from a coordinated development engagement
Examples of benefits
… in order to facilitate accelerated development in the Region and
accrue significant advantages / benefits for our partners and
clients