Financing partner and advisor to corporates

“We are very excited about the partnership with DEG. As we embark on our next phase of growth, having an experienced investor with us further strengthens the business.”

David Kimani

Managing Director of Naivas, Kenya

Private enterprises in agribusiness, in industry and the services sector make a major contribution to employment, education and training, and the creation of added value locally. However, in developing countries, they often have no access to long-term finance. And without capital, it is hard to invest successfully. We offer those enterprises not just appropriate long-term financing in US dollars, euros or local currencies, but packaged solutions tailored to their individual needs. We advise our customers on how to frame their investments more professionally and sustainably. In addition, we offer promotional programmes designed to foster entrepreneurial initiative. To this end we co-finance feasibility studies, pilot schemes and a range of Business Support Services.

Blue loan financing to preserve the oceans

Large quantities of plastic waste end up in the marine environment every year. To mitigate this environmental burden, in 2020 DEG provided a long-term loan of USD 50 million to its long-time customer Indorama Ventures Public Company Ltd, a global plastic resin manufacturer and recycler. The funding is part of a blue loan financing package from the International Finance Corporation (IFC) and the Asian Development Bank (ADB) totalling USD 300 million.

The financing will enable the internationally active company to expand its recycling capacity in Thailand, the Philippines, India, Indonesia and Brazil. This new capacity will recycle around 5 billion additional PET bottles per year from 2022, diverting plastic waste from the oceans, back into the circular economy. A feature of blue loan financing is that the funds raised are used to support the sustainable use of marine resources.

“We are delighted to receive this blue loan and to continue our relationship with DEG. By financing and building the recycling infrastructure to recycle post-consumer PET bottles into new bottles, we are reducing waste and preserving our oceans.”
Yashovardhan Lohia
Chief Sustainability Officer, Indorama Ventures
“DEG has been a great help, enabling us to become the business we are today. It not only supported us with financing, but also with advice on environmental matters.”

Yoselyn Malamud

CEO of vegetable producer Viru S.A., Peru