Development Bank of Southern Africa
Overview
Development Bank of Southern Africa is a government-owned development finance institution that provides sustainable infrastructure project preparation, finance, and implementation support to accelerate socio-economic development in South Africa and the broader African continent.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Zimi Charge | Jun 2026 | VC Round | Lead |
| SOLA Group | Feb 2026 | Debt | Lead |
| Zero Carbon Charge | Sep 2025 | Early Funding | Lead |
| EV Charge South Africa | May 2025 | Series A | Lead |
| Cenpower Generation Company Limited | Dec 2014 | Debt | Co-investor |
Key People
Paul Kibuuka
Managing Director
Moeketsi Lesibe
Project Manager - Partner A District
Phehello Makoa - Pr Tech Eng.
Head Partner-A-District Programmes
Ben Hlatshwayo
Principal Capital Markets
Billy Coetzee
Principal Deal Origination & Transacting
Bongolethu Bacela
SADC Principal Deal Originator
Bothwell Manikai
Principal - Infrastructure Financing, South Africa & International
Brian Dlamini
Principal Deal Originator - SADC
BTRM Lelethu Magogotya
Principal Credit & Market Risk Governance
Craig Bezuidenhout
Principal - Funding Desk
Elliott Monama
Principal - Project Preapration Division
Fa Mulumba
Principal Investment Officer - Project Preparation
George Finger
Principal ICT Specialist
Gerrit Kok
Principal Investment Officer
Happy Nyalungu
Principal Deal Originator
Hulisani Makhuvha
Principal Deal Originator (SADC)
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.