Speech by the Minister of Finance - 9th SACU Summit
Official source
Source domain: treasury.gov.za
Collected on 28 June 2026
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SACU Regional Innovative Funding Mechanism (initial capitalisation of R5 billion)
A SACU Regional Innovative Funding Mechanism will be established with an initial capitalisation of R5 billion, using a laboratory-style project approach with priority projects developed and ready for execution within 12 months, in partnership with regional DFIs and institutions such as the African Development Bank (AfDB).
- Who it is for
- regional DFIs and institutions involved in developing and executing SACU priority projects
- How to act on it
- The document does not describe an application/registration process; it only states the mechanism will be established and that priority projects will be developed for execution within 12 months.
Show the line this came from
This initiative, in partnership with regional DFIs and institutions such as the African Development Bank (AfDB), will feature a laboratory-style project approach, to ensure that identified priority projects are fully developed and ready for execution within 12 months.
Facts
Reference
https://www.treasury.gov.za/comm_media/speeches/2026/2026062601%20SPEECH%20BY%20THE%20MINISTER%20OF%20FINANCE%20-%209TH%20SACU%20SUMMIT.pdf
Amounts
R 5 000 000 000
Key Takeaways
- 9th SACU Summit
- Minister of Finance
- R5 billion
- SACU Regional Innovative Funding Mechanism
- AfCFTA
- April 2026
- SACU Strategic Plan 2022-2027 mid-term review