Cofunder DEG

degDEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH

 

DEG has been financing private-sector investments in developing countries since 1962. By promoting private sector development, DEG contributes to the creation of jobs and income and to better living conditions in the partner countries.
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. We also focus on investments in the financial sector in order to facilitate reliable access to capital locally. To date, we have worked together with more than 1,700 companies. With its new commitments of about 1.3 billion euros in 2012, DEG contributes to facilitating entrepreneurial investments with a total volume of around 12 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 our 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.