EDFI statement on ODA Modernisation of PSI
- 10 March 2017
This statement on implementation of the OECD DAC HLM Agreement on ODA Modernisation of PSI has been prepared by EDFI as input to the ongoing discussions in the DAC and it does not represent the position of any participant country.
- EDFI statement - ODA Modernisation PSI_170308 (198.53 KB) Download
Election of new chairman of EDFI’s board of directors
- 01 February 2017
Nanno Kleiterp today became the new Chairman of EDFI’s board of directors. For more information please read the press release.
- EDFI Press Release - New EDFI Chairman (333.23 KB) Download
EDFI Flagship Report 2016
- 07 July 2016
EDFI Flagship Report 2016: Investing to create jobs, boost growth and fight poverty
- EDFI Flagship Report 2016 (4.94 MB) Download
- 22 April 2016
The Electrification Financing Initiative, ElectriFI opens its doors on 15 April and interested parties can submit their project proposals through www.electrifi.org. ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to affordable, reliable, sustainable and modern energy. The initiative was launched by the European Commissioner for International Cooperation and Development, Mr Neven Mimica, at the 21st Conference of Parties to the United Nations Framework Convention on Climate Change and was also acknowledged by the G7 Leaders' Declaration. The implementation of the initial € 75 million allocation to ElectriFI was entrusted to the European Development Finance Institutions led by the Entrepreneurial Development Bank of the Netherlands. This first EU contribution to ElectriFI will support investments that can improve the lives of more than six million people living principally in rural, underserved areas, promote rational use of energy for productive uses and social services benefiting the bottom of the pyramid. For further information More information on ElectriFI can be found on www.electrifi.org including the application form. This is the first round of Invitation to submit project proposals for ElectriFI and will be followed by another round in the last quarter of 2016. More information on the EU development cooperation in sustainable energy. Information on the European Development Finance Institutions and on the Entrepreneurial Development Bank of the Netherlands. Contact email@example.com
- 16 04 15 ElectriFI PRESS RELEASE (144.27 KB) Download
EDFI newsletter November 2014
- 21 May 2015
Seven EDFI members invest in African SME fund CDC, DEG, Finnfund, FMO, PROPARCO, SIFEM and Swedfund have together committed EUR 97 mln to AfricInvest Fund III. AfricInvest Fund III is a subSaharan Africafocused private equity fund, with a target size of EUR 200 mln The Fund will invest in wellestablished SMEs that demonstrate the potential to scaleup their activities on a regional level. In addition to generating riskadjusted returns for its investors, the Fund will create sustainable employment opportunities for thousands of people in Africa, contribute to regional economic integration and increase tax revenues for local governments.
- 1411 EDFI newsletter (2.45 MB) Download
2013 ANNUAL REPORT
- 06 October 2014
EDFI 2013 ANNUAL REPORT on the EDFI activities, co-financing facilities EFP & ICCF and individual results of the EDFI members
Evaluation of the Effectiveness of EDFI Support for SME Development in Africa
- 04 June 2014
The members of EDFI have jointly commissioned an evaluation of the effectiveness of EDFI members’ support for SME development through financial institutions in Africa. In the course of 2013, this evaluation has been carried out by Horus Development Finance.
- 14 06 02 Evaluation of EDFI support to SMEs through FIs (1.94 MB) Download
IFIs Harmonization Initiative
- 22 October 2013
Harmonized Development Results Indicators for Private Sector Investment Operations. In October 2013, twelve members of the European Development Finance Institutions (EDFI) together with other thirteen International Financial Institutions (IFIs) signed a memorandum to foster collaboration and enhance private sector development impact. The memorandum signature of the “IFIs Harmonized Development Results Indicators for Private Sector Investment Operations” represents a landmark achievement for developing finance and an important step towards developing a global standard to measure and report on development results in the private sector. The harmonization will enable a more efficient, consistent and timely analysis of projects’ impact results, a better coordination and partnership between the public and private sector, and will enhance the sharing of best practices and lessons learned among the IFIs. The initiative harmonizes indicators definitions, units of measurement and reporting standards for 28 core indicators from 12 different sectors. This will allow IFIs to use common datasets to assess the development results of their operations. The harmonized indicators will make IFIs impact assessment more consistent across institutions. It will be easier to aggregate and compare sector and regional impact results and to better assess the overall development effect of different institutions in particular areas. As a result, private and public institutions will be able to better coordinate their development efforts. At the same time, clients will also benefit from the harmonization of the reporting standards, especially private sector clients receiving investment from different development institutions, as it will ease the reporting burden and save time. Finally, the implementation of the harmonized indicators will simplify the projects’ benchmarking and facilitate the sharing of best practices and lessons learned among IFIs. The signature of the memorandum took place in Washington DC during the World Bank Group Annual Meeting. It is the successful conclusion of a wide consensus reached through an iterative consultation process were many experts and stakeholders from different IFIs and international institutions were involved. The EDFI members look forward to continuing their collaboration with other IFIs to refining and complementing the initial list of indicators included in the memorandum and improve its application in the future. For more information: Memorandum - IFIs Harmonized Development Results Indicators
- Press Release - IFI Harmonization Initiative (324.43 KB) Download
2012 Annual Report
- 10 July 2013
EDFI 2012 ANNUAL REPORT on the EDFI activities, co-financing facilities EFP & ICCF and individual results of the EDFI members
- 2012 EDFI ANNUAL REPORT (5.97 MB) Download
Joint International Finance Institutions Communiqué: Contributing to Creating More and Better Jobs
- 14 January 2013
A group of International and Development Finance Institutions (including 13 EDFI members) published on January 14 a joint communiqué to contribute to Creating More and Better Jobs, on the occasion of the launch of IFC job study report. Over 200 million people are currently unemployed, most of them young people. To keep up with population growth, 600 million jobs have to be added by 2020.The IFI and DFI signatories of the communiqué renewed their commitment to do all they can to help address this critical issue. The private sector provides 9 out of 10 jobs in developing countries, and therefore plays a key role in creating the new jobs needed and fostering growth.
- Read the joint communique (562.39 KB) Download