Permanent representative of DBSA (Development Bank of Southern Africa)
Independent director (Mandate start date: 24/10/2017)
Representative of the Development Bank of Southern Africa (DBSA)
Member of the Investment Advisory Committee
Takes part in committee(s) and board(s)

Professional experience

Mr. Mohale Rakgate is the General Manager: Project Preparation Funds, at the DBSA. This role involves leading a team of experts and professionals, in partnership with Regional Organizations, Government Departments, State Owned Companies, Development Finance Institutions, Donors and Private Sector - to prepare projects from the conceptual stages to their implementation. This function is key to unblocking the sub-Saharan region’s full socio-economic potential. Mr. Rakgate has oversight responsibilities for the Green Fund, a financial mechanism created through a partnership between the national Department of Environmental Affairs and the DBSA with the objective of transitioning South Africa to a green economy.

Prior to his current position, Mr. Rakgate was a manager and senior project finance professional at the DBSA responsible for financing projects in sectors such as energy, water, mining and transport. Before joining DBSA in late 2007, Mr. Rakgate was an investment officer with the International Finance Corporation based in Washington DC, working on projects in various regions of the developing world.