Development Bank of Southern Africa

Also known as: DBSA

Development Bank of Southern Africa — multilateral development financier holding N$2.16 billion in loan commitments to Namibia and contributing US$200 million to Angola-DRC railway project.

2023-12-112026-10-14

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

September 2026
29 SeptNew Era
Development Bank of Namibia/Development Bank of Southern Africa is providing financing programme for approximately 2,300 housing units and 1,350 serviced erven
Source
“A N$1.5 billion Development Bank of Namibia/Development Bank of Southern Africa financing programme is expected to support approximately 2 300 housing units and 1 350 serviced erven across 27 project sites.”
NHE targets 249 houses by December….891 erven under servicing, targets 4 215 plots
15 SeptWindhoek Observer
Development Bank of Southern Africa (DBSA) held N$2.159 billion in development loan commitments in Namibia at end of 2025/26 financial year
Source
“The Development Bank of Southern Africa (DBSA) had development loan commitments of N$2.159 billion in Namibia at the end of its 2025/26 financial year, according to the bank's Annual Financial Statements for the year ended 31 March 2026.”
DBSA holds N$2.16bn in Namibia development loan commitments
15 SeptWindhoek Observer
DBSA reported net profit increased 47% to N$7.8 billion for year ended 31 March 2026
Source
“Overall, the DBSA reported a stronger financial performance for the year ended 31 March 2026. Net profit increased by 47% to N$7.8 billion, while development loans and equity disbursements increased to N$20.7 billion from N$17.5 billion in the previous year.”
DBSA holds N$2.16bn in Namibia development loan commitments
June 2026
24 JunWindhoek Observer
Development Bank of Southern Africa (DBSA) has secured significant climate finance resources to support renewable energy and infrastructure projects
Source
“The Development Bank of Southern Africa (DBSA) has secured significant climate finance resources to support renewable energy and infrastructure projects across the region.”
DBN’s climate finance breakthrough opens new doors for Namibia
December 2023
11 DecThe Namibian
Development Bank of Southern Africa committed to helping African nations lead in green transition
Source
“Catherine Koffman, the development bank's project preparation executive, noted the bank is committed to helping African nations lead in the green transition.”
Hyphen secures N$102 million for hydrogen project

Business

TransNamib locomotive purchase awaits lender approval process

The News

TransNamib's N$2.6 billion plan to acquire 15 new locomotives and remanufacture 17 existing units depends on approval from its lenders, the Development Bank of Southern Africa and the Development Bank of Namibia. The procurement will be handled by the Central Procurement Board once lender approvals are secured, after a previous procurement process was cancelled by the Minister of Works and Transport in April 2025.

4 hours ago · Windhoek Observer →

Today

TransNamib locomotive purchase awaits lender approval process
TransNamib's N$2.6 billion plan to acquire 15 new locomotives and remanufacture 17 existing units depends on approval from its lenders, the Development Bank of Southern Africa and the Development Bank of Namibia. The procurement will be handled by the Central Procurement Board once lender approvals are secured, after a previous procurement process was cancelled by the Minister of Works and Transport in April 2025.
4 hours ago · Windhoek Observer →

Yesterday

TransNamib to refurbish seventeen locomotives locally
TransNamib's revised locomotive procurement plan calls for the purchase of 15 new locomotives and the remanufacturing of 17 existing ones, a change the ministry of works and transport says supports Namibia's Sixth National Development Plan, skills transfer, and job creation. The remanufacturing must take place in Namibia, and both new and remanufactured locomotives will be acquired through the Central Procurement Board.
13 October 2026 · Windhoek Observer →

Tuesday 29 September

NHE targets 249 houses by December across eleven towns
The National Housing Enterprise plans to complete 249 housing units by December, costing N$80.06 million, spread across Meersig, Oshakati, Okakarara, Eenhana, Goreangab, Ongwediva, Keetmanshoop, Walvis Bay, Henties Bay, Usakos and Swakopmund. Over three years, NHE aims to deliver 750 houses and service 4,215 plots through its Informal Settlement Upgrading and Affordable Housing Programme.
29 September 2026 · New Era →

Tuesday 15 September

DBSA maintains N$2.16bn development loan commitments to Namibia
The Development Bank of Southern Africa held N$2.159 billion in development loan commitments to Namibia at the end of its 2025/26 financial year, unchanged from the previous year. Development loan exposure attributed to Namibia stood at N$45.108 million, down from N$51.214 million in the previous year.
15 September 2026 · Windhoek Observer →

Wednesday 26 August

IPC demands government detail path to create 500,000 jobs
The Independent Patriots for Change has challenged the government to explain how its economic diplomacy, trade agreements and infrastructure investments will deliver 500,000 jobs promised by President Nandi-Ndaitwah, arguing that jobs require increased business activity and production rather than speeches and memoranda of understanding.
26 August 2026 · Windhoek Observer →

Friday 17 July

Lobito Corridor secures $753 million for Angola-DRC railway upgrade
The Lobito Corridor railway project, linking Angola's Atlantic coast to the Democratic Republic of Congo, has reached financial close on a US$753 million funding package to upgrade and expand the 1,300-kilometre transport route. Funding comprises US$553 million from the United States International Development Finance Corporation and US$200 million from the Development Bank of Southern Africa.
17 July 2026 · Informanté →

Friday 3 July

Ohorongo-Cheetah Cement merger approved with operational conditions
Ohorongo Cement says its merger with Schwenk Namibia's Cheetah Cement, approved with conditions by the minister of industries, mines and energy, will not result in job losses but will involve staff relocation from Otjiwarongo to Otavi and increased local ownership requirements.
3 July 2026 · Windhoek Observer →

Wednesday 24 June

DBN secures US$1 million climate grant, opens path to larger funding
The Development Bank of Namibia received a US$1 million grant from the Green Climate Fund following its accreditation in 2025, unlocking potential access to up to US$250 million in future climate financing and strengthening Namibia's position in the global green economy.
24 June 2026 · Windhoek Observer →

Tuesday 26 May

TransNamib to relaunch N$1.7 billion locomotive procurement tender
A year after cancellation over single-sourcing concerns, TransNamib will restart the process to buy 23 new locomotives for N$1.7 billion following an independent technical evaluation of manufacturers. The procurement will proceed through the Central Procurement Board of Namibia using secured development finance.
26 May 2026 · Windhoek Observer →