SADC DFRC CEO’s Forum

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SADC DFRC CEO’s Forum

About This Event

The Chief Executive Officers Forum is scheduled for 9th December under the theme “DFI Rejuvenation for increased investment towards implementation of SDGs in Covid-19 Era”. The DFRC will host the Forum in collaboration with the Sustainable Development Goals Center for Africa (SDGC/A).

The SDG forum is a follow – up on the meeting of the Network in 2016 that culminated in the formation of the sectoral SDG Working Groups (WGs) viz., Infrastructure, Agriculture, SMEs and Industry. The objective of the December Forum is to evaluate performance of implementation of SDGs in Africa and the Southern Africa region in particular vis-a-vis the set UN SDG goals of 2015 and against the background of the devastating effects of the Covid-19 pandemic.

Over the past ten years or so, the DFIs role has gained significant currency as evidenced by new institutions being established, existing ones being restructured and re-mandated
and yet others being recapitalised, to effectively focus on their developmental role. Taking this development into account, the forum will also discuss the contribution of DFIs to the implementation of SDGs and how their role could be enhanced post – Covid-19. It is hoped that the Forum would shed light, not only on the role of DFIs, but also on how members and the Network could utilise the SDG WGs to maximum benefit in addition to recommendations arising from the June 2021 Network meeting which are under implementation.

 

Free Apr 24
Event ended
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SADC DFRC CEO’s Forum

About This Event

The theme for the forum is “Resource Mobilisation for DFIs in SADC region”
 
The COVID-19 crisis, while mostly a health threat, it has become an economic threat with devastating multi-sectoral effects resulting in declining economic growth, rising unemployment and falling living standards, among other adverse effects. Most governments, especially in the developing countries, have diverted resources to fighting and containing the pandemic, including economic stimulus packages, in spite of other pressing economic challenges. But, impact of these measures has largely been limited due to lack of fiscal space. 
 
Under the circumstances, the role of DFIs to support governments through countercyclical measures, including funding of COVID-related development projects has become more important than before. With the increasingly limited resources from government, DFIs are expected to mobilise resources to meet the fiscal gaps and continue to meet their developmental mandates across the affected various sectors of their economies and the region at large. However, raising the requisite funds is increasingly becoming competitive, given the rise in numerous actors and the rapidly changing donor or international cooperating partners (ICPs) landscape that has seen disbursements from this source decline over the past years. 
 
Against this background, the forum aims to reach out to DFIs and expose them to the opportunities of funding available for development projects. The funding sources to be discussed will vary from Green Climate finance, SME Development funding, Renewable funding to Women and Youth development funds. The forum will discuss in detail how DFIs can access and benefit from these already existing funds to deliver and expand their mandate. It will also highlight the knowledge, skills and requirements to ensure focused tangible development results in the region through resource mobilisation. 
 
Ultimately, the forum is intended to provide DFIs with an opportunity to identify and secure much needed resources from a diverse range of development partner and funding institutions to assist governments’ efforts to turn around economies in the wake of the debilitating effects of the COVID-19 pandemic.
 
Attendance is by invitation only
 
Free Apr 24
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Southern African Development Community – Development Finance Resource Centre (SADC-DFRC) serves as a regional centre of excellence and secretariat for development finance institutions (DFIs) from SADC member states.
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info@sadc-dfrc.org
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