Achieving the Millennium Development Goals (MDGs) remains a central objective of many governments in Africa, including that of South Africa. A critical challenge faced by many African countries in achieving the MGDs is inadequate and unsustainable financial resources to finance development needs. This calls for unique development financial institutions (DFIs) which can help to address the peculiar development finance needs of African countries. While many development finance institutions have been established to provide specialised development finance interventions to meet these needs, the reality remains that the DFIs are often ill-equipped to play such roles owing to the lack of adequately trained personnel to design, implement, monitor and evaluate the required innovative development finance interventions or schemes. Often most of the employees of DFIs have very little or no training in the field of development finance, with the consequence that many DFIs perform very poorly in Africa.
It is in recognition of this critical-skill gap, that USB-ED has developed a Certificate in Development Finance. As a first for Africa, this certificate programme will provide participants with a unique learning experience that is both theoretical and practical. This is an exceptional opportunity for the industry to join together, share knowledge, develop skills and build the needed capacity to address Africa’s growing development finance needs.