This annual report covers the financial year 2010/11, a period of consolidation and strategic growth for the SADC-DFRC. It highlights the successful delivery of 15 capacity-building programmes and the establishment of the Regional Technical Assistance Facility (RTAF) with seed capital from the DBSA. A key milestone was the launch of the SADC PPP Network, positioning the DFRC as a central hub for public-private partnership development in the region. The report details our progress in policy research, stakeholder engagement, and our continued commitment to building a robust development finance architecture for SADC.