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Development Bank of Southern Africa - Department of Trade and ...

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Achievements <strong>of</strong> REDI<br />

• Ugu District REDI<br />

– 40 catalytic development projects identified<br />

– 21 <strong>of</strong> these provided with packaging assistance<br />

– 21 referred to various financial institutions for<br />

funding<br />

– DBSA financial commitment <strong>of</strong> R7.5 million<br />

– R328 million crowded in to co-fund identified<br />

projects<br />

– Potential for R2 billion to be invested within Ugu

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