UK Development Finance Institution

UK Development Finance Institutions (DFIs) are organizations that use public funds to support private sector projects in developing countries. Their goal is to promote economic growth, create jobs, and reduce poverty by investing in businesses and infrastructure that might struggle to secure funding from traditional lenders. DFIs provide financing, risk mitigation, and expertise to ensure sustainable development. In the UK, organizations like CDC Group (now part of UK International) serve as DFIs to channel UK government resources into impactful projects abroad, fostering global development while encouraging private investment.