History: Page 2 of 2

  • 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.