The Center for Global Development (CGD), an international development think tank, has published a new podcast on the work of development finance institutions (DFIs).
The podcast sees Diana Noble, Chief Executive of CDC, join Elizabeth Littlefield, the President of OPIC - the USA's DFI - in discussing the impact both organisations have in developing countries, as well as looking at what more they can do in future.
In it, Diana says that DFIs are an integral part of the sustainable development agenda: "If you provide wise financing with responsible investment practices to growing businesses, financial institutions and infrastructure projects in countries where this is needed, what results is economic growth, jobs and more taxes are paid."
You can listen to the podcast in full on the CGD website here.
CDC Group plc is the UK’s development finance institution. Wholly owned by the UK Government, it invests in sub-Saharan Africa and South Asia with the aim of supporting economic development to create jobs. CDC takes a flexible approach and provides capital in all its forms, including equity, debt, mezzanine and guarantees, to meet businesses’ needs and achieve development impact. CDC has net assets of £4.8bn.