The Development Bank of Southern Africa
The Development Bank of Southern Africa (DBSA) is one of the leading development finance institutions in South and Southern Africa. Driven by a strong commitment to improving the quality of life of the people in the region, the DBSA mobilizes finance and expertise in order to accelerate sustainable socio-economic development.
The DBSA funds physical, social and economic infrastructure across the southern African region and over the next three years, the Bank plans to invest R8 billion in South Africa. It will also deploy 150 experts to develop and implement infrastructure projects. One of the DBSA's most exciting initiatives is the Sustainable Communities programme which provides a comprehensive, integrated package of support to poor municipalities.
The aim is to develop social and economic infrastructure that promotes local economic development and improves residents quality of life in a sustainable way. Projects are underway in five areas in the Eastern Cape, Gauteng, Limpopo, Mpumalanga and the Western Cape, and investments in sports and cultural facilities are seen as a critical element of sustainable communities.
The DBSA's partnership with Dreamfields fits in with this approach and the bank has committed R6-million to the building of soccer fields in at least three rural areas. These include Tshisahulu in Venda, Driekoppies just south of the Kruger National Park and Elliotdale in the Eastern Cape.
Visit the Development Bank of Southern Africa at www.dbsa.org