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State-owned companyGermany
Deutsche Investitions- und Entwicklungsgesellschaft mbH
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Business overview
Company backgroundDEG is a German development finance institution that has been offering financing, advice, and support to private sector enterprises operating in developing and emerging countries for over 60 years.
DEG is part of the KfW Group and is responsible for working with private enterprises investing in developing countries and emerging economies. In 2020, DEG provided EUR 1.4 billion in new commitments for financing and advisory services, supporting projects in around 80 partner countries with a portfolio of EUR 8.5 billion.
DEG finances long-term investments of private companies in developing and emerging-market countries and is one of the world's largest private-sector development financiers with a portfolio around EUR 10.3 billion. DEG supports renewable energy and green hydrogen projects in Sub-Saharan Africa and Asia as part of a program implemented jointly with KfW.
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