The UK's power struggle: Private sector investment vs. traditional aid

    DfID's more than $1 billion investment in CDC — the U.K. government's development finance institution — represents a shift in how U.K. aid will approach private sector investment and poverty alleviation, though questions remain about who will keep tabs on individual investments.

    About the author

    • Molly Anders

      Molly Anders is a former U.K. correspondent for Devex. Based in London, she reports on development finance trends with a focus on British and European institutions. She is especially interested in evidence-based development and women’s economic empowerment, as well as innovative financing for the protection of migrants and refugees. Molly is a former Fulbright Scholar and studied Arabic in Syria, Jordan, Egypt and Morocco.