development bank of southern africa type government owned industry finance founded 1983 1 headquarters johannesburg south africa 2 key people pravin gordhan governor patrick dlamini ceo products banking revenue r 4.41 billion 2 net income r 332 million 1 number of employees 1 000 2 website www.dbsa.org the development bank of southern africa dbsa is a development finance institution wholly owned by the government of south africa that seeks to accelerating sustainable socio economic development and improve the quality of life of the people of the southern african development community sadc by driving financial and non financial investments in the social and economic infrastructure sectors . 3 history edit the idea for dbsa first came up in november 1979 during a government meeting in johannesburg . 4 the dbsa was established in september 1983 to perform a broad economic development function within the homeland system of government that prevailed at the time . in april 1997 dbsa was reconstituted as a development finance institution as per the development bank of southern africa dbsa act of 1997 . 5 by 2006 new project approvals had increased from 63 to 145 and the number of households benefiting from new or improved basic services thanks to dbsa operations exceeded 1 million . after an organisational review however dbsa activities were refocused on infrastructure funding and delivery 4 and the same year dbsa approved loans worth r 9.6 billion for renewable energy projects . 2 in 2013 the national treasury approved a r 7.9 billion capital injection for dbsa over a three year period from april 2013 to march 2016 . the aim of the intervention was to support the dbsa s refocused mandate of driving its infrastructure funding by supporting municipal lending the infrastructure plans of state owned enterprises regional lending and funding for public private partnerships . in 2014 parliament expanded the dbsa mandate to include select african countries outside of the 14 country southern african development community sadc area . 4 projects edit dbsa has supported many infrastructure development projects throughout southern africa such as lesotho s highland water project and its award winning public private partnership public hospital namibia s ohorongo center plant zambia s lusemfwa independent power producer and mozambique s mozal aluminum smelter . 6 references edit a b development bank of southern africa annual report 2010 2011 pdf . development bank of southern africa . march 2011 . retrieved october 4 2011 . a b c d customer snapshot funding that builds economic promise for southern africa . sap . retrieved 6 december 2014 . dbsa as an organisation . dbsa . retrieved 6 december 2014 . a b c historical milestones . dbsa . retrieved 6 december 2014 . https www.acts.co.za development bank of southern africa act 1997 index.html development bank of southern africa . international development finance club . retrieved 6 december 2014 . v t e banks of south africa central bank south african reserve bank the big four commercial banks absa first national bank fnb nedbank standard bank other african bank bidvest bank capitec bank firstrand bank grindrod bank imperial bank south africa investec vbs mutual bank sasfin bank teba bank limited postbank development bank of southern africa land and agricultural development bank of south africa defunct 20twenty african banking corporation allied bank colesberg bank nbs permanent bank saambou trustbank united bank this article about south african government is a stub . you can help wikipedia by expanding it . v t e this article about an organization in africa is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title development bank of southern africa & oldid 728864508 categories development finance institutionsbusiness organisations in south africagovernment owned companies of south africasouth african government stubsafrican organization stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 8 july 2016 at 05 02 . text is available under the creative commons attribution sharealike license ; 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