Afreximbank and Development Bank of Southern Africa establish a Joint Project Preparation Facility to advance bankable projects in Southern Africa

The African Export-Import Bank (Afreximbank) and the Development Bank of Southern Africa (DBSA) have signed a Joint Project Preparation Facility Framework Agreement. Under the agreement, each institution will 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 follows South Africa's accession to the Afreximbank Establishment Agreement in February 2026 and complements a Master Risk Participation Agreement signed earlier that month.

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