DBSA celebrates 40 years of development impact, regional integration

Development finance institution the Development Bank of Southern Africa is celebrating 40 years of delivering progress through critical infrastructure that transforms livelihoods, while sustaining and growing emerging economies.

“Over the years, the bank has extended its presence in the infrastructure value chain, building its capability to not only prepare and finance projects, but to also deliver them. From 2002 to 2022, the DBSA, through its infrastructure build process, has built and refurbished 726 schools, completed 404 health facilities and 456 social houses.

“The catalytic effect of this work has been notable in the ripple effect of development impact, facilitating the creation of more than 37 000 jobs in 2022 alone, compared with only 300 jobs in 1994. Similarly, transformation by way of supporting small black-owned businesses to the tune of R3.2-billion, compared with R10.5-million in 1994,” said DBSA CEO Boitumelo Mosako.