DBSA teams up with BRD to unlock infrastructure investment in Rwanda
The Development Bank of Southern Africa (DBSA) and the Development Bank of Rwanda (BRD) hosted the DBSA Rwanda Investment Summit last week in Kigali as part of promoting infrastructure development in Africa.
The summit was part of a series of bespoke infrastructure summits across Africa to reinforce DBSA’s mandate of working closely with regional Development Finance Institutions (DFI’s) such as BRD.
BRD has an impressive investment strategy in the renewable energy sector through research and development, whilst the DBSA scooped the global award for renewable energy in project financing.
The DBSA aims to expand access to development finance by integrating and implementing sustainable development solutions that have a socio-economic impact. The bank is a financier in various infrastructure projects across the continent, including the Kotoka International Airport in Ghana, a project that has already created more than 760 jobs, with a further 900 jobs expected.
Other infrastructure investments include the Cenpower 900-million, 350MW gas-fired power plant in Ghana and the Kenya Pipeline Company’s (KPC) 450km multi product fuel pipeline running from Mombasa to Nairobi.
The Development Bank of Southern Africa (DBSA) is a leading Development Finance Institution (DFI) in Africa. Established in 1983, the DBSA participates across the entire infrastructure value chain and provides planning, project preparation, financing, and implementation support for economic and social infrastructure in South Africa, SADC and the rest of the African continent. The institution’s mission is to improve people’s lives, boost economic growth and promote regional integration through infrastructure development.