The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Bank is a unique partnership with a goal to reduce poverty and support development. It is made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development.
Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) is a 100% subsidiary of KfW, the German government-owned development bank. Since 1986, KfW has continuously counted with a Triple-A rating and repeatedly been ranked as the world’s safest bank.
Within KfW, DEG’s mandate is to finance and support private business initiatives in order to contribute to sustainable economic growth and improved living conditions in developing and transition countries. With a portfolio of around EUR 8 billion in more than 80 countries, DEG is one of Europe’s largest development finance institutions for the private sector.
SANAD is an impact investment fund dedicated to supporting entrepreneurs in the Middle East and North Africa. By providing much-needed access to financial resources, SANAD helps MSMEs in the region fulfill their role as engines of inclusive economic growth, job creation, and prosperity. SANAD also facilitates access to housing loans for underprivileged sections of society, in addition to promoting agricultural lending and financial technology.
Oesterreische Entwicklungsbank (OeEB) is the official development bank of the Republic of Austria. Operating under a public mandate, OeEB strives for improving living conditions in developing and emerging countries. OeEB contributed EUR 5m capital to CGFT and EUR 680.000 technical assistance in order to strengthen the private sector in Tajikistan. These funds are provided by the Republic of Austria and managed by the Advisory Programmes department of OeEB.
Netherlands Development Finance Company. With AAA rating and over 45 years of experience, FMO’s aim to provide long term capital projects in developing countries in which commercial investors do not attempt to invest. FMO invests risk capital in financial institutions and has a strict policy on maximizing development impact. FMO’s mission is to empower entrepreneurs to build a better world.
IPC’s mission is to provide high quality solutions, systemic capacity building and other institutionalized support in the fields of development finance, environment & energy as well as training & skill development.
The Development Bank of Nigeria is a development finance institution focused on alleviating financing constraints faced by MSMEs in Nigeria through providing financing, partial credit guarantees and technical assistance.
The European Fund for Southeast Europe provides access to finance for micro and small enterprises, helping them to grow, expand their income and create enhanced employment opportunities for communities in the region.
Impact Credit Guarantee Limited is a CGF that is a wholly-owned subsidiary of the Development Bank of Nigeria. It spurs economic growth by providing access to finance for MSMEs and small corporations through PFIs in Nigeria.