Use of Official Languages Act, 2012 (Act No. 12 of 2012)NoticesDevelopment Bank of Southern Africa (DBSA) Language Policy4. The nature of the DBSA |
The Development Bank of Southern Africa (DBSA) is a state owned entity with the purpose of accelerating sustainable socio-economic development and improving the quality of life of the people of the Southern African Development Community (SADC) and the rest of the continent by driving financial and non-financial investments in the social and economic infrastructure sectors:
• | Social infrastructure: Infrastructure aimed at addressing backlogs and expediting the delivery of essential social services to support sustainable living conditions and a better quality of life within communities. |
• | Economic infrastructure: Infrastructure aimed at addressing capacity constraints and bottlenecks in order to optimise economic growth potential. |
The DBSA has prioritised water, energy, transport and ICT as its key focus areas. Other areas of focus include health, education and low-cost housing.
REGIONS WHERE SERVICES ARE PROVIDED
The Government through Act 13 of 1997 mandated the DBSA to:
• | Promote economic development and growth, human resources development and institutional capacity in the Southern African Development Community (SADC) region; |
• | Support sustainable development projects and programmes in the region; and |
• | Focus on infrastructure and leverage the private sector. |
In 2014, Parliament expanded the DBSA mandate into selected African countries outside the SADC area into the rest of the continent.