DBSA in the News
DBSA in the News

 
29 January 2020
DBSA Press: DBSA confirms equity bridge loan facility to SAA
Midrand – Following the statement issued by the SAA Business Rescue Practitioners, the DBSA confirms that the Bank has approved an Equity Bridge Facility of R3.5billion to South African Airways (SAA).
 
9 December 2019
DBSA Press: DBSA concludes U$D 81.30m loan facility with Mozambique’s EDM
The DBSA has provided finance to the Government of Mozambique’s national energy utility, Electricidade De Mocambique, “EDM”.
 
3 December 2019
DBSA Press:  
Free State youth wins DBSA’s inaugural DBSA Youth Challenge
Kekeleto Tsiloane, a young innovator from the Free State has been announced as the winner of the 2019 DBSA Youth Challenge. In second place was Zuko Mandlakazi and in joint third place, Lebohang Leshabane and Frederick De Beer.
 
13 November 2019
DBSA Press:
DBSA and ENH join forces to grow the region’s new gas market
Today, the DBSA and Mozambique’s national oil and gas company, Empresa Nacional De Hidrocarbonetos (ENH), will host a ministerial dinner to discuss ways of unlocking the economic and social development of the region’s gas sector.
 
13 November 2019
DBSA Press:
The DBSA signs strategic partnership agreements with the EAC and the EADB
Sandton – The DBSA signed two strategic partnership agreements yesterday, at the African Investment Forum. The agreements signed are with the East African Community (EAC) and the East African Development Bank (EADB) respectively.
 
28 October 2019
DBSA Press:
DBSA teams up with BRD to unlock infrastructure investment in Rwanda
The Development Bank of Southern Africa (DBSA) and the Development Bank of Rwanda (BRD) will be hosting the DBSA Rwanda Investment Summit today in Kigali as part of promoting infrastructure development in Africa.
 
9 October 2019
DBSA Press:
DBSA signs agreement that will help reduce renewables business costs
The Development Bank of Southern Africa (DBSA) will help drive down the price of renewable energy in South Africa by boosting the private sector’s investment in wind and solar power in a partnership with the Green Climate Fund (GCF).
 
27 September 2019
DBSA Press:
DBSA delivers pleasing performance despite impact of subdued economy
The DBSA delivered an encouraging set of results for the year ended 31 March 2019, despite the adverse impact of the subdued economy on the demand for infrastructure funding.
 
4 September 2019
DBSA Press:
Deadline Extended for DBSA Youth Challenge
More young people stand a chance to win their share of R 1. 5 million.
 
27 August 2019
DBSA Press:
DBSA signs MoU on Business Cooperation with the JBIC
The Development Banks of Southern Africa’s CEO Patrick Dlamini has signed a Memorandum of Understanding (MoU) for business promotion between Japan and the African countries with the Japan Bank for International Cooperation Governor, Tadashi Maeda.
 
22 August 2019
DBSA Press:
DBSA and GCF forge partnership to boost climate investments
22 August 2019, Songdo, South Korea – Today, the Development Bank of Southern Africa (DBSA) and the Green Climate Fund (GCF) signed an agreement, which will kick-off a programme to accelerate investments into climate projects and break market barriers.
 
13 August 2019
DBSA Press:
DBN, DBSA Jointly Pledge N$8 Billion in Finance at Growth Summit
The Development Bank of Namibia (DBN) and the Development Bank of Southern Africa (DBSA) have jointly pledged N$8 billion in finance for infrastructure requirements in Namibia. Water, electricity, transport & logistics identified.
 
13 August 2019
DBSA Press:
DBSA’s Position Regarding Allegations Involving PRASA
Midrand – The Board and Executive Committee of the Development Bank of Southern Africa (DBSA) have noted with concern the unfounded allegations contained in the Daily Maverick article (11 August).
 
31 July 2019
DBSA Press:
Financial Mail Infrastructure Report 2019
Don’t miss the fascinating DBSA feature article in the FM Special Report on SA’s Infrastructure Progress
 
 
 
25 July 2019
DBSA Press: Appointment of Acting Head of IPP Office
Midrand – Advocate Sandra Coetzee has been appointed the Acting Head of the Independent Power Producers Office (IPPO) pending recruitment of the new Head: IPPO. The appointment is effective from 25 July 2019.
 

23 July 2019
DBSA Press: DBSA Media Response to IPP Office Queries
In November 2010, the Department of Energy (DoE), National Treasury and the DBSA entered into a Memorandum of Agreement (MoA) to establish the Independent Power Producers Office (IPPO). DBSA also provided the initial seed funding to establish the IPPO.
 

4 July 2019
DBSA Press: DBSA invests USD$2.25m of Development Funding in Apalia24 DRC 
Midrand, South Africa – The Development Bank of Southern Africa (DBSA) announced today that it has committed project preparation funding to the value of USD $2.25 million to Apalia24, an innovative Off-grid Energy and Media Company.
 

18 July 2019
DBSA Press: Youth Stand to Win a Share of R 1.5 Million in DBSA Competition
Midrand – The Development Bank of Southern Africa (DBSA) has launched a competition aimed at getting young people in the country to come up with solutions to some of South Africa’s infrastructure challenges.
 

9 July 2019
DBSA Press: DBSA and YES to partner in community hub development
A partnership to further youth employment by bringing together innovation, infrastructure, 4IR thinking and a commitment to jobs for youth in township and peri-urban communities has just been announced between the DBSA and YES.
 

11 June 2019
DBSA Press: DBSA Commits US$4.9m to Joule Africa’s Hydropower Project in Sierra Leone
As Joule Africa enters the final stages in developing the Bumbuna II 143 MW hydropower project in Sierra Leone, the Development Bank of Southern Africa (DBSA), has committed US$4.9 million to finance remaining project development activities.
 

6 June 2019
DBSA Press: The DBSA sees Ghana as key in building Africa’s prosperity 
Accra, 06 June 2019. The Development Bank of Southern Africa (DBSA) hosted an Investment Summit in Ghana, to assess and gain a deeper understanding of the country’s infrastructure development and financing needs.
 

1 April 2019
DBSA Press: DBSA and NDB Sign Loan Agreement 
On 1 April 2019, Development Bank of Southern Africa (DBSA) and New Development Bank (NDB) signed a loan agreement for Greenhouse Gas Emissions Reduction and Energy Sector Development Project.
 

27 February 2019
DBSA Press: DBSA to receive US$100m to help SA achieve its climate targets
Midrand, 27 February 2019 - The Development Bank of Southern Africa (DBSA) announced today that it has been granted funding to the value of US$100 million from the Green Climate Fund (GCF) to establish the Embedded Generation Investment Programme (EGIP).
 
 
7 February 2019
DBSA Press: DBSA Scoops Global Award for Renewable Energy Financing
The Development Bank of Southern Africa (DBSA) has scooped the African Renewable Energy Programme Award.
 
 
18 December 2018
DBSA Press: The DBSA Story: Fast tracking Renewable Energy
In 2010, the DBSA joined forces with the Department of Energy and National Treasury to develop the market for Independent Power Producers (IPP).
 
 
13 December 2018
DBSA Press: DBSA energises local Independent Power Producers
Ilanga CSP 1, a 100 MW power plant in the Northern Cape which came into operation on 30 November 2018, will produce enough clean energy to serve around 100,000 South African households, and will displace over 340,000 tons of carbon dioxide each year.
 

23 November 2018
Engineering News: Audit outcomes of State-owned entities continue to regress
Only the Development Bank of Southern Africa, which was audited by the AGSA for the first time, obtained a clean audit opinion.

 

 
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