DFRC procurement and acquisition of an office represent long term commitment to the regional agenda - Mr Patrick Dlamini

 

CHAIRMAN OF SADC DFI NETWORK ON THE OCCASION OF THE LAUNCH OF NEW DFRC OFFICES, 9 TH JUNE 2016

 

Director of Ceremonies,

The Guest of Honour, the Minister of Finance and Development Planning, Honourable Ontefentse Kenneth Matambo

Honourable Ministers here present,

Your Excellencies, Heads of Diplomatic Missions and International Organisations,

Senior Staff of the SADC Secretariat,

Senior SADC Government Officials,                                                              

Chairperson of the SADC DFI Network, Mr Patrick Dlamini,

Chairperson of the DFRC Board of Trustees, Mrs Annie Vidot,

Distinguished Guests,

Ladies and Gentleman,

 

Honorable Minister, Mr Matambo, it has been an honour and pleasure for the SADC DFI Community to welcome you to this important occasion in which we celebrate another milestone in the life of the Development Finance Resource Centre, and the Network of Development Finance Institutions in SADC. The procurement and acquisition of an office for the DFRC represents the consolidation of the institution, and a long term commitment to the regional agenda of development finance.

 

With the consolidation of our office infrastructure requirements, the DFRC can focus on delivering on its commitments of service to the DFI community and public stakeholders, while developing strong partnerships with the private sector.

 

Over the last ten years, the DFRC has enjoyed the support of the SADC governments and the DFIs, and has been able to expand membership from 18 in 2004 to 36 DFIs currently. In addition, the DFRC has a well-established capacity building programme in which staff of DFIs are exposed to and trained in key skills for development finance. These skills include risk management, investment appraisal, and corporate governance among others. While these programmes are primarily focused on DFIs, state-owned enterprises, government departments, and the private sector have also participated in these programmes.

 

As part of its mandate, the DFRC recently