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The Southern African Development Community - Development Finance Resource Centre (SADC-DFRC) is a subsidiary institution of SADC established under the SADC Protocol on Finance and Investment (FIP). We serve as the region's premier resource centre for development finance solutions, collectively owned by the SADC Development Finance Institutions Network.
As a result of the recommendation of the DFS98 study, fifteen (15) DFIs adopted a Memorandum of Understanding in May 2000, establishing the DFI Network. In August 2000, the Network agreed to establish the DFRC under a Trust Deed, and to finance its recurrent administrative expenditure from start-up, then approach Donor Agencies or Internaitonal Cooperating Partners (ICPs) for other infrastructure, technical and capacity building needs. The DFRC began operations on 1st July 2003 as the Secretariat and Central Hub for the DFI Network following approval of its establishment by the SADC Council of Ministers at their October 2002 meeting in Angola.
The DFI Network and the DFRC became protocol-based institutions of SADC, following ratification of the SADC Finance and Investment Protocol in July 2011. The FIP incoporates the Network establishing MOU as Annex 9.
The Southern African Development Community - Development Finance Resource Centre
(SADC-DFRC) is a subsidiary institution of SADC established under the SADC Protocol on
Finance and Investment (the FIP). It is collectively ‘owned’ by the SADC Development
Finance Institutions (DFI) Network, also an FIP organisation, with a current membership of
forty-two (42) national DFIs. Through technical and capacity building support, as well as
resource mobilization, advisory services, policy research and advocacy, our mandate is to
promote the effective mobilisation of resources by the financial sector, in particular the
DFIs, for investment in key areas with the potential to stimulate sustainable and inclusive
growth, generate employment and alleviate poverty, in line with the objectives of SADC
under the Revised Regional Indicative Strategic Development Plan (RISDP).
To be the go-to Centre of Excellence for
development finance solutions, driving
economic development and fostering a
prosperous, regionally connected SADC
region
To support Development Finance
Institutions and Governments by providing
capacity building, resource mobilization,
research, and advisory services that enable
economic development, foster regional
integration, and contribute to a prosperous
and regionally connected SADC economy.
The DFRC is a lean organisation manned by a small group of professional staff in key
strategic areas in line with its mandate. To effectively deliver on the mandate, therefore,
the DFRC has adopted a collaborative approach which involves utilisation of strategic
development and technical partners in the selected focal areas. In this regard, the
DFRC operates as facilitator and catalyst to DFIs, SADC Member States, Governments,
State – Owned Enterprises (SOEs) and other key development stakeholders.
