DBSA, EU Launch Infrastructure Fund

DBSA and European Union to South Africa have launched the Infrastructure Investment Programme for South Africa

The Ambassador of the European Union to South Africa, Roeland van de Geer, and the Development Bank of Southern Africa (DBSA) chief executive officer, Patrick Dlamini, have launched the R1.5 billion ground breaking Infrastructure Investment Programme for South Africa (IIPSA).

The purpose of IIPSA is to provide grant funding in support of loans for essential infrastructure projects in the southern African region.

The fund was established following a joint initiative between the government of South Africa and the European Union, and forms part of the European Union’s broader intervention under its country strategy for South Africa.

To read the article titled, “DBSA, EU launch R1.5bn infrastructure fund,” click here.

Source: 
Fin 24

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