European DFIs Need More Resources, Rules To Support African Private Sector During COVID-19, Development Experts Say In Call To Action

Devex: Development heavyweights back bigger role for DFIs in COVID-19 response
“European development finance institutions need more resources and new rules to better support the private sector in Africa through the COVID-19 crisis, according to a call to action from 20 development experts Monday. The call to European governments … argues that: ‘DFIs should be countercyclical at a time when private financial flows have come to a sudden stop, and should lead other investors back into African markets on the other side of the crisis.’ … The call to action, coordinated by EDFI, similarly argues that governments should replenish capital injections and top up risk-sharing schemes for European DFIs while making more funding available for technical assistance to African businesses…” (Chadwick, 5/4).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

The Henry J. Kaiser Family Foundation Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KaiserFamilyFoundation | twitter.com/kff

Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in San Francisco, California.