The Sustainable Banking and Finance Network (SBFN) announced that the Southern African Development Community Banking Association (SADC BA) has joined as its newest member, bringing SBFN’s community to 101 members across 72 emerging markets. Established in 1998, SADC BA is a regional association representing 12 national banking associations in Angola, Botswana, DR Congo, Eswatini, Lesotho, Namibia, Mozambique, Malawi, Mauritius, South Africa, Zambia, and Zimbabwe, and serves as a platform for cooperation and harmonization of banking-sector policies and practices across Southern Africa. The membership agreement was signed alongside the inaugural SADC Sustainable Finance Forum in Cape Town (June 9–11), organised by the International Finance Corporation (IFC), SADC BA and the Banking Association of South Africa, with support from SBFN and Southern Africa’s Sustainable Finance Initiative chaired by the National Treasury; the forum convened over 100 participants from government, regulators, financial institutions and investors. SADC BA has recently adopted environmental, social and governance (ESG) as a strategic theme and plans to use SBFN membership to support ESG adoption among its members.
Sustainable Banking and Finance Network 2025-07-23
Sustainable Banking and Finance Network adds Southern African Development Community Banking Association as new member
The Sustainable Banking and Finance Network (SBFN) announced the Southern African Development Community Banking Association (SADC BA) as its newest member, expanding SBFN's reach to 101 members across 72 emerging markets. SADC BA, representing 12 national banking associations in Southern Africa, aims to leverage this membership to enhance ESG adoption among its members. The membership was formalized during the inaugural SADC Sustainable Finance Forum in Cape Town.