Development Bank of South Africa (DBSA) - Infrastructure Fund

The Infrastructure Investment Programme for South Africa (IIPSA) is a joint European Union and South African Government initiative, administered by the DBSA. The program seeks to enhance sustainable economic growth and the delivery of key services affecting development in South Africa and in the SADC Region.

SADC projects have to be either trans-border projects involving two or more countries in the SADC region, or a national project with a demonstrable regional impact on one or more countries in the SADC Region.

The IIPSA will, in principle, consider projects or programmes with a minimum capital investment value of R500m or the equivalent in USD/Euro in South Africa and the SADC region.  

The range of funding is decided on a project by project basis but can be categorised as follows: 

• Direct grants (up to 100%). 
  
• Interest rate subsidies. 
• Loan guarantee cost financing and insurance premiums. 

Funding is available for projects in the following sectors:

• Energy infrastructure. 
• Protection of the environment.
• ICT infrastructure.
• Social services and infrastructure. 

Eligibility criteria

Each application will undergo an initial screening to assess suitability in terms of the IIPSA objectives. 

All applications will be subjected to the following criteria which they must meet:

• Sector or strategic fit.
• Development impact.
• National/regional priority.
• Institutional capacity.
• Project size.

Application process

Read the application procedure.