The summit is part of a series of bespoke infrastructure summits across Africa to reinforce DBSA’s mandate of working closely with regional Development Finance Institutions (DFI’s) such as BRD.
BRD has an impressive investment strategy in the renewable energy sector through research and development, whilst the DBSA scooped the global award for renewable energy in project financing.
The DBSA aims to expand access to development finance by integrating and implementing sustainable development solutions that have a socio-economic impact. The bank is a financier in various infrastructure projects across the continent, including the Kotoka International Airport in Ghana, a project that has already created more than 760 jobs, with a further 900 jobs expected.
Other infrastructure investments include the Cenpower 900-million, 350MW gas-fired power plant in Ghana and the Kenya Pipeline Company’s (KPC) 450km multi product fuel pipeline running from Mombasa to Nairobi.
Note to Editors:
About the Development Bank of Southern Africa (DBSA)
The Development Bank of Southern Africa (DBSA) is a leading Development Finance Institution (DFI) in Africa. Established in 1983, the DBSA participates across the entire infrastructure value chain and provides planning, project preparation, financing, and implementation support for economic and social infrastructure in South Africa, SADC and the rest of the African continent. The institution’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development.
For more information, visit www.dbsa.org
About the Development Bank of Rwanda
The Development Bank of Rwanda (BRD) was established 52 years ago with the mandate to facilitate the emergence of a strong private sector that contributes to socio-economic development in Rwanda through investing in priority sectors to spur Rwanda’s economic development. BRD provides financing to specific priority sectors of the Rwandan economy – namely, Housing & Infrastructure, Education, Energy, Export & Manufacturing and Agriculture.
For further information contact:
DBSA Media Relations
+27 (0) 11 313 3716