Growing efforts to mobilize private capital and attract more investors to developing countries has helped spur the rise and influence of development finance institutions.
There are more DFIs today than ever before, and they are managing more money — about $65 billion in 2017, a roughly 57 percent increase from 2012. As they have grown in numbers and resources, their place in the development landscape has also changed.
Devex’s Adva Saldinger explains more about the rise of DFIs.
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About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.