Development finance

The International Committee of the Red Cross has been at the forefront of the ever-changing humanitarian aid landscape for over 150 years. Its innovative financing models aim to better serve those affected by conflict

Vervoer joins Dutch pension funds ABP and bpfBouw in backing private debt fund which will invest jointly with development finance institutions to provide loans for SDG-focused companies and projects in emerging markets

British International Investment, the UK’s development finance institution, is funding a bond arranged by Symbiotics. It will provide loans to MSME banks offering green lending to small-scale borrowers in Africa and Asia

The Landscape Resilience Fund and the IDH Farmfit Fund are investing in Swiss-Ghanaian cocoa social enterprise Koa to build new processing facilities and provide more income generating opportunities for farmers

The International Finance Corporation together with other development finance institutions and impact investors are providing a $165m credit facility to Nairobi-based Equity Group to support lending to MSMEs

The African Development Bank has launched a multi-donor trust fund seeking to stimulate the growth of the continent’s circular economy, with support from the Finnish government and the Nordic Development Fund

New capital commitments by donors, including governments and multilateral development banks, will help lower-income countries boost short-term COVID vaccinations under the COVAX programme, and procure their own vaccines in the future

CDC Group has been formally renamed as British International Investment (BII), a name which the organisation says better reflects the scope of its work. BII will play a key role in the government’s plans to mobilise up to £8 billion a year in investments in international projects

The Beyond the Grid Fund for Africa is expanding its geographical reach in its aim to bring clean, affordable, off-grid energy access to millions of households and support the growth of commercially sustainable businesses across the continent

Launched in 2017, the Village Enterprise Development Impact Bond has helped 95,000 East Africans out of poverty during the pandemic, supporting more than 14,000 first-time entrepreneurs in Kenya and Uganda