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  • EDFI Flagship Report 2016

  • 07 July 2016
  • Category: EDFI
  • Investing to create jobs, boost growth and fight poverty

    • EDFI Flagship Report 2016 (4.94 MB) Download
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  • Bridging skills gaps report

  • 22 January 2016
  • Category: EDFI
  • The study “Bridging the skills gaps in developing countries: A practical guide for private sector companies”, recently published by DEG, takes a look at how private entrepreneurs can close these skills gaps through appropriately targeted measures implemented at the workforce, suppliers and local communities. In cooperation with the Boston Consulting Group, it was produced as a contribution of the Association of European Development Finance Institutions within the international “Let’s Work” Partnership. The study also provides a guide for practitioners. “Let’s Work” is dedicated to finding solutions to create more and better jobs worldwide.

    • EDFI lets work partnership - Bridging Skills Gaps Report - DEG 2016 (9.47 MB) Download
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  • EDFI - Investing for a Greener Future

  • 28 October 2015
  • Category: EDFI
  • Mitigating climate change is an urgent global challenge and a top priority for the European Development Finance Institutions (EDFI) members which invested €2,1 bln in climate finance projects in 2014, a total of €5,5 bln in the last five years. EDFIs are constantly working to adapt their instruments and services to provide a tailored response to our clients. EDFI strongly believe that the private sector plays an essential role to enable sustainable development for all. To ensure sustainable development we need to fight climate change and the private sector should be part of the battle.

    The EDFI booklet “Investing for a Greener Future” aims to share examples of EDFI initiatives and investments in climate finance from new funds, wind and solar energy projects, to geothermal and biogas investments. By joining efforts, strengths and expertise of each EDFI member and creating synergies with other bilateral and multilateral organisations, EDFI will continue to deliver more coordinated, effective and efficient climate finance support to build the road towards a more sustainable world.

    • 2015 EDFI Booklet Investing for a Greener future (3.79 MB) Download
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  • EDFI Annual Report 2014

  • 04 September 2015
  • Category: EDFI
  • EDFI 2014 ANNUAL REPORT on the EDFI activities, co-financing facilities EFP & ICCF and individual results of the EDFI members

    • EDFI Annual Report 2014 (2.26 MB) Download
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  • EDFI newsletter May 2015

  • 21 May 2015
  • Category: Newsletters
  • PROPARCO, DEG and FMO invest in “climate” projects in Latin America

    PROPARCO has made a USD 15 mln equity investment in Americas Energy Funds II Clean Energy (AEF), alongside IFC, Asset Management Company (IFC’s fund management business), DEG (USD 13 mln) and FMO (USD 25 mln). This USD 103 mln fund is managed by SCLEA and is designed to invest in renewable energy and energy efficiency projects (fuel switch), mainly in Chile, Peru and Colombia.

    The creation of AEF II addresses increasing energy demand in Latin America and the proactive policy of several countries to reduce their greenhouse gas emissions.

    PROPARCO’s involvement has strengthened the fund’s investment policy in terms of fighting climate change. For example, it has supported the introduction of a tool that measures carbon emissions of the projects before any investment, the recruitment of an environmental and social expert and the creation of a Committee, in which PROPARCO will hold a seat alongside other investor, in order to assess the eligibility of projects to the investment policy.

    For more information please visit Proparco’s website

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  • EDFI newsletter April 2015

  • 21 May 2015
  • Category: Newsletters
  • OeEB, FMO, Proparco take part in the financing of Central America's largest wind farm

    OeEB together with FMO, Proparco, IFC and other DFIs provides financing for the largest wind farm in Central America. OeEB contributes USD 25 million for the construction of the Penonome wind farm in Panama.

    More than half of Panama's electricity is generated from hydropower plants, making the power sector vulnerable during the dry season. This often results in power outages and rationing as well as in a high dependence on expensive fossil fuel imports during the dry season. With a capacity of 215 MW the Penonome wind farm in the province of Coclé, 100 km south of Panama City, is expected to generate 448 GWh of energy per year, equivalent to around 5 percent of the country's total energy demand.

    It will help diversify the country's energy matrix and complement the hydro-based energy generation, since the dry months are also the windiest. Moreover, energy generated from the project will help to ease the country's dependence on imported fossil fuels which contributes to lowering electricity prices and to reducing carbon emissions.

    For more information, please visit OeEB’ website

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  • EDFI newsletter March 2015

  • 21 May 2015
  • Category: Newsletters
  • KfW and BIO MSMEs in the DRC

    FPM SA (Fonds pour l’inclusion financière en République Démocratique du Congo) obtained the authorization by the Central Bank of Congo to operate as a Financial Company. FPM SA will be able to start financing the financial institutions targeting MSMEs in the  DRC. This new financial instrument complements “FPM ASBL”, operating in the DRC since 2007 and focusing on providing Technical Assistance to the Congolese financial institutions that FPM SA is targeting.

    FPM SA benefits from capital contribution of  KfW (USD 13 mln), BIO (USD 8 mln), the Dutch Catholic Organization for Relief and Development Aid (Cordaid) (USD 4 mln) and the Belgian microfinance fund Incofin CVSO ( USD 100k). The Belgian Incofin Investment Management acts as the fund advisor for FPM SA, bringing on board its specific experience and knowledge of the financial services market for micro, small and medium enterprises.

    For more information, please visit BIO’s website or KFW’s website

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  • EDFI newsletter February 2015

  • 21 May 2015
  • Category: Newsletters
  • DEG, FMO and Swedfund invest in Ghana

    Access to financial services is one of the major constraints for development in Ghana. DEG, FMO, Swedfund and the European Financing Partners (EFP) invested in the Ghanaian Fidelity Bank. DEG arranged a USD 60 mln long-term loan together with FMO (USD 18.5 mln), Swedfund (USD 14 mln) and European Financing Partners (EFP) (USD 9 mln).

    With a network of 45 branches and more than 1.500 employees, Fidelity Bank is one of the leading banks in Ghana. The financing will help the bank further expand its SME business.

    For more information, please visit DEG' website

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  • EDFI newsletter January 2015

  • 21 May 2015
  • Category: Newsletters
  • PROPARCO, FMO and DEG partner with AKFED to support economic development in Southern countries

    PROPARCO, FMO and DEG signed a 12-year loan facility of USD 189m with the Aga Khan Fund for Economic Development (AKFED) to support economic and social development through the funding of projects in sectors such as finance, infrastructure, industry, tourism and aviation in Africa, the Middle East and South and Central Asia.

    AKFED is one of the agencies of the Aga Khan Development Network (AKDN) and is dedicated to promoting entrepreneurship and to building economically sound enterprises in the developing world. It operates a network of affiliates with more than 90 project companies in 17 countries, making bold but calculated investments in situations that are fragile and complex, such as in Afghanistan where it assists in the reconstruction and post-war context.

    Over the years, AKFED’s collaboration with EDFI members has resulted in a number of pioneering projects to sustain and support critical sectors, whilst building up essential industries.

    For more information, please visit PROPARCO's website

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  • EDFI newsletter December 2014

  • 21 May 2015
  • Category: Newsletters
  • BIO, CDC and FMO supports renewable energy in Africa

    BIO, FMO and CDC, are participating in the Africa Renewable Energy Fund (AREF), a USD 200 mln equity fund for renewable energy in sub-Saharan Africa. AREF focusses on power generation using renewable energy resources from remote areas in “least developed countries” and “low income countries” as defined by OECD. These countries lack access to long term financing for energy and infrastructure investments. The developmental impact of the project is high as the project will contribute to the enhancement of investments in power generating infrastructure, which is essential as the needs will continue to increase.

    The fund is an initiative of the African Development Bank with an important contribution of the Sustainable Energy Fund for Africa both in funding and technical assistance to assist the fund in financing certain project development costs.

    For more information, please visit BIO’s website