Tag: Development Bank of Southern Africa
The R100 billion infrastructure promise made by President Ramaphosa to set up a fund in 2018 is gaining traction. Today,a Memorandum of Agreement was signed by government and the Development Bank of Southern Africa.
The Development Bank of Southern Africa is playing its part in the development of the continent, with the bank announcing a number of financing initiatives, as COVID-19 continues to ravage economies. In the latest project, DBSA has disbursed R4.5 billion in loans to South African metros. Joining CNBC Africa to discuss these projects is Mohan Vivekananda, Group Executive in Client Coverage & Origination at the DBSA.
The Development Bank of Southern Africa is bailing out SAA with a total amount of R3.5 billion, so what does this mean for the company's bonds. CNBC Africa is joined by Rashaad Tayob, Fund Manager, Abax Investments to find out what will unfold for DBSA.
Lungisa Fuzile, Chief Executive of Standard Bank South Africa examines what action needs to take place to fix SA's economy.
Africa Investment Forum: DBSA, East African Community sign MoU for project development & implementation
The Development Bank of Southern Africa (DBSA) and the East African Community (EAC) have signed an MoU for project development and implementation. Key sectors will include IT, infrastructure and healthcare. CNBC Africa'a Kopano Gumbi spoke to Bernard Mono, Head of Finance at East Africa Development Bank and Mohan Vivekanandan, Group Executive, Origination and Coverage at the DBSA.
The City of Kigali this week made it to the Forbes’ list of the 20 best places to visit in 2020. Also, a fundraiser organised by Ellen DeGeners has generated about $5 million in efforts to raise funds for conservation of mountain gorillas in Rwanda. Finally, the Development Bank of Southern Africa has entered into Rwanda's financial sector. To breakdown this stories and what has been making rounds in the country, TV and Multimedia Editor of New Times, Olivia Ikilezi joins CNBC Africa.
The Development Bank of Southern Africa has entered into the Rwandan market. The financial institution will be working closely with Development Bank of Rwanda to finance infrastructure projects by both the public and private sectors, with key focus in the transport, energy, utility services and ICT sectors. Head of Coverage: Financial Institutions, SADC Region at DBSA, Mdu Dlamini joins CNBC Africa for more.
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