SADC calls for swift establishment of regional development fund

The 16-member Southern African Development Community (SADC) has renewed its call for the rapid establishment of the SADC Regional Development Fund. The fund is intended to support regional integration, infrastructure development, and socio-economic growth across member states.

SADC officials say that a functional development fund will strengthen economic cooperation, promote sustainable development, and address shared challenges such as poverty, unemployment, and climate change impacts. The organisation continues to push for a framework that ensures transparency, efficiency, and equitable resource allocation among member countries.