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        DBSA INFRASTRUCTURE GLOBAL LOAN V

        Signature(s)

        Amount
        € 80,000,000
        Countries
        Sector(s)
        South Africa : € 80,000,000
        Credit lines : € 80,000,000
        Signature date(s)
        16/04/2003 : € 80,000,000

        Summary sheet

        Release date
        3 March 2003
        Status
        Reference
        Signed | 16/04/2003
        20020723
        Project name
        Promoter - financial intermediary
        DBSA Infrastructure Global Loan V

        Development Bank of Southern Africa
        PO Box 1234
        Midrand, Halfway House
        1685, South Africa

        Proposed EIB finance (Approximate amount)
        Up to EUR 80 million
        Location
        Sector(s)
        Description
        Objectives

        Global Loan for infrastructure projects in the broadest sense to cover water, sanitation, electricity, connector services, urban renewal, access roads, etc.

        The project aims to alleviate poverty across South Africa. DBSA plays a key role in programmes that provide basic services (in particular those being the object of this global loan) to communities via provincial and local governmental structures, by offering those structures not only financing at affordable rates but also technical assistance, capacity building, private/public sector facilitation, development information and policy research, analysis and support.

        Environmental aspects
        Procurement

        South Africa has a stringent Environmental Legislation and DBSA’s environmental assessment practices are in line with international best practice.

        All provincial and local authorities have procurement guidelines, which are comparable with EU directives.

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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