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Development Bank of Southern Africa to establish, manage Infrastructure Fund

17 August 2020, 8:27 PM

The Department of Public Works and Infrastructure, the National Treasury, and the Development Bank of Southern African have signed a Memorandum of Agreement for the establishment of the Infrastructure Fund.

Trade and Development Bank donates half a million dollars to COVID-19 response in Africa

2 October 2020, 9:24 AM

The Eastern and Southern African Trade and Development Bank (TDB) has donated US$500,000 to support COVID-19 response across Africa by the Africa Centres for Disease Control and Prevention (Africa CDC).

West African food trade under strain as COVID-19 shuts borders

27 May 2020, 6:01 PM

In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km from southern Mali to Senegal’s seaside capital Dakar.

Zimbabwe gets $7 million World Bank grant to fight coronavirus

6 May 2020, 9:46 PM

The World Bank will grant $7 million to Zimbabwe to help it fight the new coronavirus outbreak that is expected to worsen an already struggling economy and food crisis, a bank spokesman said on Wednesday.

Unions welcome emergency funding from Development Bank

29 January 2020, 8:38 AM

Labour unions have welcomed the R3.5 billion funding of South African Airways (SAA) by the Development Bank of Southern Africa.

SAA to get R3.5 bln emergency funding from Development Bank

28 January 2020, 4:47 PM

SAA is fighting for its survival after it entered into a form of bankruptcy protection in December.

Ramaphosa upbeat about Russia’s trade with Africa

28 October 2019, 10:58 AM

Last week, I led a government delegation to the first Russia-Africa Summit, convened in the Black Sea resort city of Sochi.

Why disaster readiness is critical for Africa – and what the Commonwealth is doing about it

2 August 2019, 12:56 PM

Five months ago, Cyclone Idai ripped through the Southern African region, causing a massive humanitarian disaster that affected three million people.

World Bank scales up support for Cyclone Idai hit nations

3 May 2019, 3:52 PM

The World Bank has increased emergency support for the three southern African countries affected by a devastating cyclone that killed hundreds in March to $700 million, the lender said on Friday.

Brics Bank needs at least U$90 trillion by 2030 for infrastructure

2 April 2019, 7:49 PM

Institutions such as the BRICS New Development Bank will need at least U$90 trillion by 2030, to deal with the global sustainable infrastructure.

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