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.