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The Infrastructure Fund (IF), announced by the President in September 2018, aims to create a dedicated blended financing facility for infrastructure projects. Its goal is to transform public infrastructure funding through "blended" finance—combining capital from the public sector, private sector, Development Finance Institutions (DFIs), and Multilateral Development Banks (MDBs). This fund is specifically focused on meeting the financing needs of hybrid projects.
The mandate of the Infrastructure Fund is outlined in a Memorandum of Agreement (MOA) between the National Treasury, Infrastructure South Africa (ISA), and the Development Bank of Southern Africa (DBSA), signed on 17 August 2020.
The role of the Infrastructure Finance Specialist is to provide financing and advisory solutions for infrastructure development projects.