May 27, 2010
On May 27, JICA and the Development Bank of Southern Africa (DBSA)  signed a Memorandum of Understanding (MOU) for the support of socioeconomic development in the Southern Africa Region. The agreement was signed at JICA’s Tokyo headquarters, by JICA Senior Vice-president Kenzo Oshima and DBSA Director and CEO Paul Baloyi.
The purpose of the MOU is to support socioeconomic development in the Southern Africa Region while strengthening ties between the DBSA, which has significant experience working in the region, and JICA, which is actively forming projects in the region to achieve its pledge made at the Fourth Tokyo International Conference on African Development (TICAD IV). The specific areas addressed in the agreement are: 1) Exchange of information of mutual interest, especially regional infrastructure development (transport, power pool, water, etc), 2) Organizing joint or multi-lateral actions on development issues such as seminars, research, knowledge management (including Knowledge Management Africa), 3) Collaboration in identification of projects in such areas as economic and social infrastructure development, private sector development, poverty reduction, and other areas, 4) Joint assistance, including, for example, technical assistance on development projects , 5) Collaboration in capacity building of each organization, including staff training, and 6) Share of research, project and development experiences in Africa.
Through this MOU, JICA is further strengthening ties to the DBSA, and aims to provide Africa with support yielding an enhanced level of results based on the Yokohama Action Plan  agreed to at TICAD IV.