TADB’s Acting Managing Director,
Mr. Francis Assenga (left) in tête-à-tête with Chief Executive Officer
for Southern African Development Community – Development Finance
Resource Center (SADC- DFRC), Mr. Stuart Kufeni (right) prior the Press
Conference that held at Double Tree Hotel, in Dar es Salaam.
Chief Executive Officer for
Southern African Development Community – Development Finance Resource
Center (SADC- DFRC), Mr. Stuart Kufeni (second left) talking before the
reporters (not in picture) on the coming High Level Conference Of SADC
DFIs on Industrialization that will be held on July 06, 2017 at JNICC in Dar es Salaam.
Chief Executive Officer for
Southern African Development Community – Development Finance Resource
Center (SADC- DFRC), Mr. Stuart Kufeni (left) elaborates theme of the
coming High Level Conference of SADC DFIs on Industrialization. Others
in photo are TIB Development Managing Director, Charles Singili (centre)
and NDC Acting Managing Director, Eng. Ramson Mwilangali (right).
TADB’s Acting Managing Director,
Mr. Francis Assenga (left) explains the overriding objective of the
Conference. Right is Chief Executive Officer for Southern African
Development Community – Development Finance Resource Center (SADC-
DFRC), Mr. Stuart Kufeni.
Co-coordinator of the Conference,
TIB’s Managing Director, Mr. Charles Singili (centre) asserts on the
role of DFIs during Press Conference on the coming High Level Conference
of SADC DFIs on Industrialization that will be held on July 06, 2017
at JNICC in Dar es Salaam. Accompanying him are Chief Executive Officer
for Southern African Development Community – Development Finance
Resource Center (SADC- DFRC), Mr. Stuart Kufeni (left) and and NDC’s
Acting Managing Director, Eng. Ramson Mwilangali (right).
Members of the press and other distinguished guests follow the press conference.
…………………
By Our Reporter
The Tanzanian development finance
institutions (DFIs) – TIB Development Bank, National Development
Corporation and Tanzania Agricultural Development Bank – is expected to
host the bi-annual meetings of the SADC DFI Network from 6th – 7th July 2017 in Dar es Salaam.
The meetings will commence with a Forum for Chief Executive Officers at the Julius Nyerere International Convention Centre on 6th, followed by the Network meeting on 7th at the Double
Tree Hotel by Hilton.
These meetings are organised in collaboration with the SADC Development Finance Resource Centre (DFRC).
Speaking on the Forum theme, the
Chief Executive Officer of SADC DFRC, Mr. Stuart Kufeni said that the
theme of the conference will be “Towards Industrialisation for Sustainable and Inclusive Development – Role of DFIs in SADC”.
Mr. Kufeni said that this is in
recognition of the prioritisation of industrialisation by SADC Heads of
State as a key element towards the achievement of sustainable economic
growth and development in the SADC region and enhancing the welfare of
its peoples.
“The successful implementation of
the SADC Regional Industrialisation Strategy and Road Map will require
massive investments across various industrial sectors. In this regard,
financial institutions, and more specifically, DFIs, in tandem with the
private sector, will play a critical role in mobilising the requisite
financial resources,” Mr. Kufeni said.
On his part, co-coordinator of the
conference, Mr. Charles Singili, TIB’s Managing Director said that the
forum will explore the role and experiences of national DFIs in
supporting industrial development, inclusive of the small and medium
enterprises sector (SMEs), and the successes and challenges that they
have encountered.
“Given the adoption, both at
regional and national levels, of industrialisation as an economic growth
enabler, it is imperative that DFIs play their mandated role, namely
the mobilising of financial resources and targeting these at key growth
sectors to ensure the achievement of national and regional development
goals under the revised SADC Regional Indicative Strategic Development
Plan (2015 – 2020),” Mr. Singili said.
TADB’s Acting Managing Director,
Francis Assenga added that the overriding objective of this Forum is for
DFIs in the region to share experiences and information and effectively
position themselves as critical agents in the industrialisation drive
in the region in partnership with the private sector and other
development finance stakeholders, including international financial
institutions and cooperating partners.
Adding that presenters of the
Forum include renowned experts on industrial development from
multilateral organisations and the SADC region will be available to
share their experience.
“Besides the chief executives of
DFIs, senior officials from governments, executives of financial
institutions and other development finance stakeholders are expected to
attend,” he added.
The Guest of Honour is expected to
be His Excellency Dr. John Pombe Magufuli, President of the United
Republic of Tanzania will officially open the meetings who will be
presented by Her Excellency Madam Samia Suluhu Hassan.
The SADC DFRC is a subsidiary
institution of SADC and is owned by the SADC-DFI Network. It was
established in 2003 as a secretariat of the DFI Network mandated to
undertake capacity building, policy research and advocacy in the
development finance space. The membership of the DFI Network currently
stands at 37 national DFIs from across the SADC region.
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