DBSA, USTDA seek to accelerate infrastructure development in SSA
Power, transport and information and communication technology infrastructure projects in sub-Saharan Africa (SSA) have received an additional commitment from the Development Bank of Southern Africa (DBSA) and the US Trade Development Agency (USTDA), after the parties last month signed a cooperation agreement allowing for the accelerated development of such projects.
Large-scale projects will be prioritised towards the bankability phase through project preparation grants, capital funding and other funding mechanisms.
These include USTDA-funded, US-led feasibility studies, which will link African project sponsors with US expertise at the critical early stages to provide the comprehensive analysis required for projects to reach bankable stage.
Pilot projects will also be considered with a view to providing a baseline and empirical project data that could be replicated across SSA and demonstrate the effectiveness of certain infrastructure solutions.
The USTDA will further provide funding towards technical assistance to support legal and regulatory reform, the establishment of industry standards and other capacity- building activities.
“These technical assistance programmes help to bridge gaps in the project development life cycle and accelerate projects through to bankability,” the DBSA says in a statement.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation