Development finance

Lending by some microfinance institutions has had bad press in recent times, but the vast majority of those surveyed say the credit the sector provides, along with the associated wraparound services, are improving their lives.

The partnership will co-finance up to $500m of debt transactions to facilitate long-term sustainable development across Africa, Asia, and the Caribbean.

WFP BRIDGE, a newly launched funding mechanism, is now ready for capital from public and private investors interested in supporting SDG 2 – zero hunger.

We meet with the newly appointed managing director of FMO Investment Management, the investment arm of Dutch development bank FMO, to explore his vision for co-investment opportunities.

A just-released chapter of the latest Fiscal Monitor report by the IMF stresses that most of the investment needed to finance climate change mitigation initiatives in emerging and developing countries must come from the private sector.

The fund will provide growth capital and expertise for companies in consumer-driven sectors, while seeking to maximise impact, promote gender diversity and ensure sustainable growth. 

The $122m project provides much needed green energy to Djibouti, which relies on fossil fuel imports to supply ailing power stations, and would have been near-impossible to build without using blended finance.

The funding will allow Ethiopia’s Dashen Bank to provide dollar-denominated loans to farmers and other agricultural businesses seeking to import machinery.  

Vivianne Infante, director of the Africa Resilience Investment Accelerator (ARIA), explains why “collaboration means action”, as she directs capital to markets often “below the investment radar”.

The Organic Development Finance Fund will focus on supporting organic producers in developing countries and facilitating their access to global markets.