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18 Dec 2012 description

The Southern African Development Community (SADC) and KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) have agreed on establishing a Regional Fund for Water and Basic Sanitation. The Fund will be financed with an initial grant contribution of EUR 10 million by the Government of the Federal Republic of Germany through KfW. The Fund will be managed by the Development Bank of Southern Africa (DBSA).