Afreximbank and DBSA Sign $20 Million Facility to Prepare Infrastructure Projects in Southern Africa

African Export-Import Bank (Afreximbank) and the Development Bank of Southern Africa (DBSA) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement. Under the agreement, each institution will be able to contribute up to US$10 million to prepare high-impact, trade-enabling infrastructure and industrial projects in South Africa and the wider region. The agreement is one of the first operational instruments to follow South Africa’s accession to the Afreximbank Establishment Agre