More than 2 billion people globally will be aged 60+, in 2050.
South Africa’s population is expected to increase by at least 25%, to an estimated 79,177,328.
Speaking at the 17th International Federation on Ageing Conference in Cape Town, Dr. Zeph Nhleko, DBSA’s Chief Economist and Group Executive for Strategy, Economics & Sustainability, emphasized the urgent need for infrastructure that will enable healthier, longer lives.
“Yet, South Africa faces a R10,1 trillion infrastructure gap by 2030. At DBSA, closing this gap is central to our mandate. Guided by our Decadal Strategy, we focus on inclusive, impactful infrastructure that delivers long-term social and economic returns” said Nhleko.
He said typical examples are the Royal Buffalo Specialist Hospital which has critical healthcare shortages and outdated facilities.
The bank is also looking at other programmes, to unlock social infrastructure, such as wellness programmes for seniors and digital literacy.
“We call on partners across sectors to join us in shaping infrastructure solutions for healthy ageing, inclusive growth, and a sustainable future” said Nhleko.
Picture: Supplied