PRETORIA, (The Southern African Times) – As a means of generating sustainable finance solutions adapted to African markets, Development Bank of Southern Africa (DBSA), is partnering with Invest Africa.
The coming together of DBSA, a leading Development Finance Institution (DFI) in Africa, and with Invest Africa would create a finance solutions for the Continent during The Africa Debate 2021.
The forum, which will take place from 14-16 September, will see African business, policy and other industry leaders meet to discuss how the region can assert its priorities for a sustainable and transformative recovery as regional entities look to drive a return to global growth.
Group Executive, Origination & Coverage DBSA, Mohan Vivekanandan, will be leading a discussion with regulators, capital markets investors and others to outline how sustainable finance can generate growth in emerging markets.
“Whilst green finance has made significant strides in Western markets, it has been under-funded and thus under-utilised in developing countries. Redressing this imbalance is essential both to global recovery efforts and to ensuring a just transition”.
The DBSA has a critical role to play in de-risking investment in Africa and crowding in private sector financing for sustainable infrastructure projects
The DBSA’s leading role in The Africa Debate will forge pathways for further strategic partnerships and collaborations between development finance institutions and global financial markets to scale the use of sustainable finance in African markets.
According to the Chief Execuitve Officer of Invest Africa, Karen Taylor, “The DBSA has a critical role to play in de-risking investment in Africa and crowding in private sector financing for sustainable infrastructure projects.
“The aim of The Africa Debate is to foster productive partnerships between the private and public sector as well as across borders and we look forward to taking part in the discussions led by the DBSA.”
Also the Group Executive, Origination & Coverage DBSA, Mohan Vivekanandan, commented “DBSA continues to chart a leading role on the Continent, cognisant of our unique and specific contextual challenges, in the momentum towards a low carbon economy actively participating in the implementation of a just transition as evidenced by our support of sustainable investment programmes including the Renewable Energy.
“Independent Power Producers Procurement Programme (REIPPPP) and Embedded Generation Investment Programme (EGIP) among others. Moreover, our accreditation to global partners including the Global Environment Facility (GEF) and the GCF has further propelled our role in promoting and leveraging sustainable development regionally in support of the Sustainable Development Goals (SDGs) and the Paris Agreemen”.
The Development Bank of Southern Africa (DBSA) is a leading Development Finance Institution (DFI) in Africa and it’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development.
Invest Africa is a leading business and investment platform which works closely with governments and investment promotion agencies across the Continent to encourage private sector support and international investment in line with national and international development objectives.