As traditional donors scale back, the pressure is mounting on development finance institutions, or DFIs, to deliver more — especially in places where capital is scarcest.
That makes this a “pivotal moment” for global development finance, according to Chris Chijiutomi, managing director and head of Africa at development finance institution British International Investment, who spoke at a recent Devex Pro event.
With over two decades of infrastructure investment experience across Europe and Africa, Chijiutomi now leads BII’s operations on the continent, overseeing investments from renewables and transport to financial inclusion and digital infrastructure.