The ICR Facility is providing tailor-made technical assistance to selected Development Finance Institutions. The Development Bank of Zambia chose the topics of the support based on its priorities.
The Development Bank of Zambia is Zambia’s premier Development Finance Institution and aims to provide short long term financing in various sectors for development projects on the Zambian Market. The Bank, in its quest to achieve its mandate, intends to position itself to play a catalytic role in the development of the financial sector in Zambia and to cover markets that are underdeveloped or missing. The Bank intends to execute these through the development of appropriate, targeted market products. DBZ has thus chosen capacity building on a series of financial products and instruments in order to develop its offer for Zambian firms. 14 trainings are planned on a variety of topics, including blended finance, capital market instruments (e.g. social impact bonds) and public private partnerships.
Following the training series, an impact measurement tool was developed for DBZ to assess the impact of projects prior to the funding decision, calibrated to the sectors DBZ is active in.
Building on the trainings, DBZ has taken the following steps:
It changed my entire outlook towards development impact finance. We are now approaching transactions
differently – more like a DFI.
Participants of the Public-Private Partnership training with DBZ