SADC Project Preparation and Development Facility (PPDF)
|Title||SADC Project Preparation and Development Facility (PPDF)|
|E-mail, phone number and mailing address|| |
Development Bank of Southern Africa
Tel: +27 11 313 3429
|Facility Objectives|| |
The Southern Africa Development Community (SADC) Project Preparation and Development Facility (PPDF) aims to assist SADC to address the implementation of the SADC Regional Infrastructure Development Master Plan (RIDMP), which will promote and contribute to enhancing regional economic integration in the SADC Region.
The purpose of PPDF funding is to enhance sustainable economic growth and the delivery of key services affecting development in the SADC region, through addressing constraints to infrastructure development. The Development Bank of Southern Africa (DBSA) has been appointed by the SADC Secretariat as the implementation agent and fund manager for the PPDF. While the DBSA has responsibility for the administration, management and disbursement of PPDF funds, all financing decisions are taken by the SADC PPDF Steering Committee.
|Key activities|| |
Broadly, the scope of activities covered by the PPDF include - enabling environment activities; pre-investment activities; studies; advisory services
|Type of finance provided|| |
Grants (A monetary contribution of a minimum of 5% of the total cost of the proposed preparatory activity needs to be from the project owner/sponsor; this amount will exclude any tax related implications)
|Size of project supported|| |
Projects of any size may be funded, though they must support regional infrastructure development to be eligible for PPDF funding.
|Range of funding provided (min/max)|| |
This will be decided on a project by project basis pending available funding.
|Beneficiaries supported|| |
|Project type|| |
Proposed projects must support regional infrastructure development in the identified sectors, as per the Regional Infrastructure Development Master Plan (RIDMP), and/or must be of regional significance in the SADC infrastructure sector plans.
|Project preparation phases supported|| |
The activities eligible for financing under the PPDF are:
Those taxes that can be reclaimed and refunded to the PPDF at financial close.
Meetings and conferences to:
|Application process|| |
|Eligibility exclusions|| |
Each application will undergo a screening to assess suitability in terms of the PPDF objectives. The following criteria which must be met:
a) Sector or strategic fit: The project is within the priority sectors considered by the PPDF;
b) Development impact: The project improves the quality of life of citizens;
c) Regional priority: The highest decision-making authority is in support of the project and the project should be in the Regional Infrastructure Development Master Plan of SADC;
d) Institutional capacity: The project should currently have capacity or should have credible plans to add capacity towards management and project implementation.
|Countries||Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe|