DBSA Project Preparation Fund
|Title||DBSA Project Preparation Fund|
|E-mail, phone number and mailing address|| |
Development Bank of Southern Africa
Tel: +27 11 313 3911
|Facility Objectives|| |
DBSA seeks to promote economic and social development by mobilising financial and other resources from national and international private and public partners for sustainable development projects in South Africa, the SADC region and the broader African continent.
The bank’s mission is to advance development impact by expanding access to development finance and effectively integrating and implementing sustainable development solutions to:
|Key activities|| |
The DBSA Project Preparation Fund supports infrastructure projects through funding the preparation of projects that fall short of the needs of both the public and private sector, as in most cases sponsors do not have funding available to prepare projects to investment stage. As a DFI, the DBSA is positioned to take on early-stage risk where commercial banks are reluctant to take on this risk.
Preparation support in this context can be defined as financial support to create capacity and guidance to prepare projects for investment, by the public and private sector or a combination thereof.
The DBSA Project Preparation Fund utilises funding from strategic partners and/or 3rd party funds it manages for the more risky, early stage preparation activities and its own funding for late stage projects. This approach allows the DBSA to take unique, catalysing investment positions in order to be able to “crowd-in” 3rd party capital.
|Type of finance provided|| |
Loan; debt; equity (decided on a project-by-project basis)
|Size of project supported|| |
Larger, scalable infrastructure projects with a high developmental impact are preferred.
|Range of funding provided (min/max)|| |
This is dependent on a project-to-project basis, depending on available funding as well as the risk and returns of the project.
|Beneficiaries supported|| |
Eligible public sector parties (such municipalities, state owned entities, government departments and regional bodies such as the Southern African Power Pool) or private institutions who have obtained a licence/concession on a competitive basis from a government that is within the DBSA’s mandate.
|Project type|| |
Regional; cross-border; national; sub-national. The Project Preparation Fund actively pursues projects with a high development impact, a suitable commercial return and/or both. Projects with a high development impact are normally within the municipal and social sectors within South Africa and those attracting a commercial return are usually embarked on by state owned entities and/or are private sector led (within South Africa, SADC and selected Sub Saharan Africa).
|Project preparation phases supported|| |
(This is a non-exhaustive list of project preparation activities supported)
|Application process|| |
All interested applicants should complete the online application form at www.dbsa.org or https://ppf.dbsa.org/ and provide the required documentation and all relevant supporting information as required.
Only project applications submitted through the online application form will be accepted by the DBSA (application guidelines are also available on the web site).
|Eligibility exclusions|| |
|Countries||Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Democratic Republic of Congo, Seychelles, Tanzania, Zambia, Zimbabwe|