Question NW2736 to the Minister of Finance

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19 September 2017 - NW2736

Profile picture: Maynier, Mr D

Maynier, Mr D to ask the Minister of Finance

What is the detailed breakdown of all development loans extended in the rest of Africa by the Development Bank of Southern Africa (a) in the 2016-17 financial year and (b) since 1 April 2017 in terms of the (i) amounts lent, (ii) sectors lent to, (iii) names of the clients and (iv) names of each country that the clients are from?

Reply:

  1. Country

2016-2017

YTD August

Sector

Angola

 

155 119 582

 

Angola Ministry of Finance

-

155 119 582

Transportation

       

 Ghana

1 576 372 369

343 879 518

 

 Cenpower Generation Company Limited

24 732 369

60 647 143

 Energy

 Karpower International

1 551 640 000

 

 Energy

 Ghana Airports Company Limited

 

283 232 374

Transportation

 Kenya

220 562 054

45 381 516

 

 Kenya Pipeline Company Limited

220 562 054

45 381 516

 Commercial -  Transportation

 Madagascar

 

99 725 954

 

 Ravinala Airports, S.A.

 

99 725 954

 Transportation

 Zambia

1 803 965 113

   

 Itezhi-Tezhi Power Corporation (ITPC) Lusaka

158 009 192

-

 Energy

 Maamba Collieries Limited

217 955 921

 

Energy

 Zambia Electricity Supply Corporation Limited

1 428 000 000

-

Energy

 Zimbabwe

49 061 705 *

-

 

 *Infralink (Private) Limited

49 061 705

-

 Roads And Drainage

 Total Disbursement

3 649 961 241

644 106 570

 

* This disbursement was a short term loan in respect of the insurance premium paid on behalf of Infralink (Private) Limited with the view of ensuring that the insurance cover on the loan does not lapse.

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