National and international development finance institutions (DFIs) are specialized development banks or subsidiaries set up to support private sector development in developing countries. They are usually majority-owned by national governments and source their capital from national or international development funds or benefit from government guarantees. This ensures their creditworthiness, which enables them to raise large amounts of money on international capital markets and provide financing on very competitive terms.
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British International Investment (BII), Development Finance Institution (DFI) and impact investors have announced a EUR20 million (US$21 million) commitment to The Urban Resilience Fund (TURF), l...
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