You might ask why a bank would take a vested interest in addressing issues related to service delivery in South Africa. It’s because The Development Bank of Southern Africa (DBSA) is not a commercial bank, but a bank that identifies opportunities to address societal issues, through projects that prove their social and environmental worth. We work with key partners to address the issues that negatively affect identity and belonging, the growth of the economy, communities, and humanity, at large. Our clients aren’t focused on shareholder returns in the form of dividends, but rather, returns in the form of infrastructure development.
The issue of water scarcity and security is a challenge of national priority for South Africa. It might be harder for those who live in areas where water flows freely from indoor taps, to truly appreciate the severity of the challenge, but for those relying on weekly water trucks and communal taps, both scarcity and security are a reality.
The DBSA, in partnership with the European Union (EU), through the Infrastructure Investment Programme of South Africa (IIPSA), and the Agence Francaise de Developpement (AFD) chose to address the issue of water security by investing in the construction of new gravity tanks for the eThekwini Municipality in KwaZulu-Natal. Pipelines, called the Western and Northern Aqueducts, will supply bulk water, for the next 30-50 years, to reservoirs, as aging and failing infrastructure have contributed towards the municipality’s struggles to adequately supply its growing population with bulk water.
We’d like to share the story of how collaborative efforts can bring about real and meaningful change in addressing the serious challenge of water scarcity and security in South Africa. A story that showcases how water security impacts positively on individuals, businesses, health and sanitation, and the environment.
Join us as we share the success story of the Western and Northern Aqueducts Project in eThekwini, KwaZulu-Natal, and introduce our partners who have made it possible.