• Organization TypeInvestment & Finance
  • Staff251-500
  • Development Budget5 Million - 25 Million
  • HeadquartersGermany
  • Founded1962

Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG)

Deutsche Investitions- und Entwicklungsgesellschaft mbH, a subsidiary of KfW, is a European development finance institutions for long-term project and company financing. For 50 years, DEG has been financing and structuring the investments of companies in developing and transition countries in order to contribute to sustainable progress.   Founded in 1962 by the first German Minister for Development, Walter Scheel, and the former Minister-President of the German state "Schleswig-Holstein", Kai Uwe v. Hassel, DEG has been working for 50 years on improving the living conditions of the people in its partner countries. In order to do so we advise private companies and finance promising private sector investments. We do this almost entirely with DEG's own funds rather than funds of the Federal Government.   An important part of the German development cooperation DEG invests in profitable projects that contribute to sustainable development in all sectors of the economy, from agriculture to infrastructure and manufacturing to services. The company also focuses on investments in the financial sector in order to facilitate reliable access to capital locally. To date, we have worked together with more than 1,600 companies. Our current portfolio of more than 5.6 billion euros has contributed to an overall investment volume of around 39 billion euros.   The private sector development cooperation is an important part of the German development cooperation: successful and long-living private companies generate growth in the company’s cooperation countries. They create jobs and income. They improve the balance of foreign exchange payments by producing competitive goods and they increase tax revenues by processing resources directly within a country rather than exporting them.   DEG promotes private sector activities in developing countries in multiple ways: We are a dependable financing partner for private companies. And we pay attention that their investments have substantial positive effects. In doing so, DEG contributes to achieving the Millennium Development Goals - the joint commitment of industrialized and developing nations to combat poverty in a sustainable manner.   Our Mandate – Developmentally Sustainable, Environmentally and Socially Compatible DEG's purpose is to promote private enterprise initiative in developing and transition countries as a contribution to sustainable growth and a lasting improvement in the living conditions of the local population. Therefore, we provide long-term capital and advice for private enterprises investing in those countries.   We only take on commitments in projects that make an effective development policy impact, meet environmental standards and comply with social principles. We are particularly committed to our developmental mandate and our guidelines for social and environmental sustainability: they form the decisive frame of our work.   In certain cases, which are summarised in our exclusion list, financing by DEG is excluded from the outset. The list is an integral part of the environmental and social standards adjusted on the basis of the "EDFI Principles for Responsible Financing", which apply within the scope of the European Development Finance Institutions for jointly financed projects.  
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Careers

Staff at Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) have experience in

Sectors

  • trade promotion
  • climate change
  • development
  • finance
  • technology implementation

Skills

  • managerial experience
  • business development

Contact Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG)

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Company Offices

  • Germany (headquarters)
  • Köln
  • Kämmergasse 22