| Approval Date | 20 May 2019 |
| Signature Date | 16 Aug 2019 |
| Planned Completion Date | 31 May 2021 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Multi-Sector |
| DAC Sector Code | 73010 |
| Commitment | U.A 1,500,000 |
| Status | Implementation |
The Support to Sustainable Financing of Regional Infrastructure and Industrial Projects in SADC is designed to support the sustainable financing of regional infrastructure and industrial projects. This contributes to the deepening of regional integration through the increase in the number of regional projects. It is in line with the regional integration and development programme of Southern African Development Community (SADC) which is guided by the revised Regional Indicative Strategic Development Plan (RISDP), covering the duration 2015 to 2020. The project is expected to: (i) increase number of priority regional infrastructure projects prepared to reach financial close (ii) enhance the capacity of SADC Countries to prepare and implement regional infrastructure projects (iii) increase in value addition within SADC in copper and cobalt mining. The project has three main components, namely: (a) Operationalisation of the SADC Regional Development Fund and development of Financial Instruments for resource mobilization; (b) Development of regional value chains in selected mining sectors and (c) Identification, categorization, and development of priority projects from SADC RIDMP.
The objective of the project is to support sustainable financing of regional infrastructure and industrial projects in the SADC Region. The specific objectives include: (i) establishment of financing mechanism for regional projects including financial instruments, (ii) prioritising and developing of regional infrastructure projects, (iii) development of regional value chains in the mining subsectors of copper and cobalt, and (iv) capacity building in development of infrastructure and industrial project.
The project direct beneficiaries are: SADC Secretariat and SADC Member Countries (Angola, Botswana, Democratic Republic of Congo, ESwatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, United Republic of Tanzania, Union of Comoros, Zambia, and Zimbabwe).
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Funding
African Development Fund
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Implementing
RTAF-SADC DFIS (SOVEREIGN OPERATION)
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| IATI identifier | 46002-P-Z1-KE0-025 |
| Last Update | 20 Oct 2020 |
| Name | MOKATI-SUNKUTU Bokang Rosemary |
| r.mokati-sunkutu@afdb.org |
| Country | Multinational |