The central banks of the region also formed an East and Southern Africa Banking Supervisors Group (ESAF) to standardise bank regulation and supervision in the region. ESAF is providing specialised courses for the development of the financial regulatory capacity in the region. There is also a more ambitious training programme provided through the Macroeconomic and Financial Management Institute (MEFMI).
A number of Southern African countries, but not all members of SADC, participate in this venture.