The Development Bank of Southern Africa (DBSA) and Sasol have signed a Memorandum of Agreement (MOA) to collaborate on infrastructure development in the Govan Mbeki Municipality in Mpumalanga and Metsimaholo Municipality in the Free State.

This partnership is envisaged to enhance Sasol’s public-private partnership with the Govan Mbeki and Metsimaholo municipalities or sustainable development. In support of its 2025 vision, Sasol is currently investing more than R800 millions in infrastructure, education and healthcare initiatives.

As the first project of this partnership, the DBSA will undertake a diagnostic assessment of all infrastructure-related capacity support requirements in relation to the municipal areas. This will be done in order to identify critical projects for intervention and also leverage and/or mobilise funds from public sector sources. Such cooperation is in line with advancing the aspirations of the National Development Plan.

The Group Executive for Infrastructure Delivery at the DBSA, Sinazo Sibisi, said the bank is pleased to partner with Sasol to address infrastructure challenges faced by municipalities. This partnership signifies the Bank’s commitment to contribute towards the development of social infrastructure in municipalities, which is needed to improve the quality of life of millions of South African citizens.

“This collaboration with the DBSA will enhance our efforts in making targeted and sustainable investment in infrastructure to develop these priority areas where Sasol has operations. Together, we will leverage the DBSA’s expertise in rolling out and managing large-scale municipal infrastructure development,” said Maurice Radebe, Group Executive at Sasol Limited.