Subsidiarity

The SADC-DFRC was established under the Principle of Subsidiarity, as approved by the SADC Council of Ministers meeting of October 2002 in Luanda, Angola. Subsidiarity was adopted by SADC member states as one of the Community’s core principles essential for facilitating delivery on SADC’s Common Agenda. By definition, the adoption of the principle of subsidiarity means that; Read more...

Relationship with the SADC Secretariat

The SADC Committee of Ministers responsible for Finance & Investment (COMFI) is a permanent committee of the Integrated Committee of Ministers (ICM) which reports through to the SADC Council of Ministers (See Figure 1 below). COMFI is supported by the Senior Treasury Officials and the Committee of Central Bank Governors. Read More...

Relevance to NEPAD and AU

Development finance and DFIs play a critical role in the SADC region and will continue to do so for the foreseeable future. Read More...