Plot 54352, West Avenue,
Zambezi Towers, Tower A,
7th Floor, South Wing,
Private Bag 0034 Gaborone, Botswana
Tel: (267) 3191146
Fax: (267) 3191147
of the Fund, whose objective is the establishment of an operational framework for the Fund, with specific emphasis on: the development of a strategic plan for sustainable financing of the PPDF by Member States; the development of its key internal operations and systems, including management of funds arising from diverse sources; the development of criteria for selecting and funding activities; the development of criteria for the selection of a Host institution for the PPDF in its early stages; the development of a first draft Annex to the SADC Finance and Investment Protocol to cover the existence and operations of the PPDF; and the actual establishment of the PPDF.
The three institutional mechanisms – the Network, DFRC and the PPDF – are three essential components of an emerging development finance system in SADC and will provide an exceptional and mutually supportive circle of close cooperation for development, while maintaining their independence and separation of responsibilities.
To effectively deliver on its mandate, the DFRC has identified the following areas in its Five-Year Strategic Business Plan as its key focal sectors:
Efforts by DFRC in these focal areas will support other sectoral efforts under the SADC-RISDP geared towards achieving the Region’s goal of regional integration. In this regard, DFRC’s focal areas complement and are in line with the NEPAD/AU strategy for Africa.
The DFRC is a lean organisation manned by a small highly qualified group of staff. Cognisant of this, and to achieve its mandate, it has adopted a collaborative approach which involves utilisation of strategic partners in all its areas of strategic focus. The DFRC, thus, will primarily operate as facilitator, coordinator and catalyst to the DFI Network and regional governments.
The DFRC administrative budget is funded through contributions by DFI Network members and these are on the basis of an agreed formula. The Centre’s work programmes activities in the areas of research and advisory services, SMEs, infrastructure/PPPs and capacity