DEG

Last week our Senior Director Gunnar Stork (Global Director for Industries & Services and Equity) visited the DEG office in Istanbul to get an on the ground picture about DEG‘s Portfolio in Türkiye and the region. We had great discussions about Türkiye‘s challenges and opportunities with our debt and equity clients as well as with our peers. Highlights of the trip where: ✳️ Bonds & Loans conference Panel discussion „What‘s fuelling the growth, return and appeal of development finance across CEE, CIS & Türkiye“. Gunnar gave an overview on DEG‘s financing activities in the region and discussed strategies to overcome the challenges of SME‘s to access development finance. ✳️On site visit to Bursa‘s impressive City Hospital where DEG provided financing to establish the hospital back in 2017. The modern hospital with 1435 bed capacity is covering a region with a population of close to 5 million people. DEG has been supporting a number of new and existing clients with financings in the region in 2024 and we look forward to more in 2025… DEG, Gunnar Stork, Batuhan Hakyemez, Ilse Olivas Morán

🌍 Orange the World: Together Against Violence 🖐️ At DEG, we stand with UN Women to raise awareness and call for an end to violence against women and girls worldwide. Today, on the International Day for the Elimination of Violence Against Women, our headquarters in Cologne, once again, shine bright orange – a symbol of #solidarity and #hope. But we are not just lighting up our building. Through internal campaigns, educational initiatives, and active participation, we are committed to fostering a safer world for women and girls everywhere. Join us and take part in #OrangeTheWorld – because together, we can make a difference. 💪✨ #16Days #EndViolence #GewaltStoppen #SustainableDevelopment #OrangeDay

Landmark USD 400m Sustainable Linked Loan (SSL) to ETG for agricultur transformation signed last week in Johannesburg. DEG is proud to participate together with our longstanding partners FMO - Dutch entrepreneurial development bank, Proparco, FinDev Canada and The OPEC Fund for International Development. ETG does focus on agricultural trading and processing. The DFI facility will be joined by a commercial facility of USD 125m mobilizing private sector. Through the SLL all investors agreed to a holistic set of indicators, i.a. farmer support services, increasing biodiversity by landscape restoration, pioneering renewable energy projects. Many thanks to ETG in particular Paul Spaendonk, Van, the mastermind behind the facility, Shekhar Nautiyal and many other ETF colleagues. Sincere thanks as well to FMO and Trade and Development Bank Group - TDB Group lead arranging. And last but not least many thanks to all DEG colleagues who have contributed to the transaction.

+++ Exciting times in the syndicators scene in London +++ Yesterday, KfW IPEX-Bank and DEG hosted the monthly PF Syndicators Lunch, bringing together over 150 participants from more than 70 different institutions within the European syndication community. “It was a fantastic event held at the historic Ironmongers’ Hall, with meaningful discussions about the markets and recent developments” says Dr. Amichia Biley, MBA, Head of Syndication at DEG. “The opportunity to network and exchange ideas with such a diverse group of professionals was truly invaluable.” “A heartfelt thank you to all attendees for making this event a success” adds Christian Bevc, Global Head of Sydication & Treasury at KfW IPEX-Bank. “We’re looking forward to our next PF Lunch!” #Networking #Finance #Syndication #IPEX #DEG #PFLunch #LondonEvents

💼 The number of employees who work for our customers and the creation of more than 900,000 jobs since DEG’s investments demonstrate our commitment to fostering job creation and quality employment via our portfolio companies. #SDG8 ✅ Currently, over 84% of our customers provide #DecentJobs. That implies that workers are formally employed and employers comply with the core labour standards of the International Labour Organization (ILO) and to implement good HR as well as health and safety management systems. The remaining 16% of our customers are working to improve their employment situation with the support of DEG, contributing to higher living standards and social cohesion. 💪 We also promote gender equality by supporting the 2X Challenge for women's economic empowerment. Over 15% of our portfolio companies already employ more women or have more female managers than the industry average. #SDG5 🎉 Many thanks to our clients and congratulations to all DEG colleagues involved in the respective deals for driving these impacts. #SustainableDevelopmentGoals #fin4dev #teamdeginvest

⚡ Bravo to Enerjisa Üretim, #Turkey's leading and most diversified private power producer! Proparco has arranged a $115 million #green loan with the participation of the German development finance institution DEG, for Enerjisa Üretim. This loan is part of a senior debt round for the project totaling over $1 billion, arranged by J.P. Morgan, U.S. International Development Finance Corporation (DFC), KfW IPEX-Bank, HSBC and Akbank.   🔋 This financing will enable Enerjisa to concretely develop its green #strategy, moving from a portfolio of predominantly thermal projects to a majority of #renewable projects. Emmanuelle Riedel Drouin, Global Head of lending operations at Proparco said: “We are thrilled to support Enerjisa, a leading energy producer in Turkey, in adding 750MW of wind power capacity. This represents a significant milestone in Enerjisa’s green strategy and will contribute to achieving Turkey’s climate goals.” Emmanuelle Riedel Drouin Scarlett Carré de Malberg Ariane Ducreux Anne Gautier Patrizia Nowakowski Juliana Varney Stephen Sinclair Pierre Boulenc Baptiste Tournemolle Olivia Maamari Gwenaëlle Niault Aurora B. Stéphane Froissardey https://lnkd.in/eFwYHj-C

🌐COP29 KfW DEG: Well positioned to address green and transformation finance for Global Sustainability The first global stocktake since the #ParisAgreement reveals a stark reality: we are not on track to limit global warming to 1.5 degrees. If we continue on current path, warming may reach 3 degrees. Therefore, countries are preparing updated and more ambitious NDCs (National Determined Contributions), providing a good basis for intense sector dialogue and increased public and private sector mobilizarion. KfW and DEG are well-equipped to support this process by providing know-how, investments and vast network. My highlights at #COP29 in Baku: ✅ Intensive exchange with Ottmar Edenhofer, Director and Chief Economist of PIK - Potsdam Institute for Climate Impact Research and Stefan B. Wintels KfW ✅ Signing DEGs first floating solar project in Indonesia with ACWA Power ✅ Exchange with various clients on business opportunities to increase impact and reduce CO2 emissions ✅ Good panel discussions on topics as „How to raise NDC ambitions“ and „Catalyzing the Green Hydrogen industry“ Thank you to all contributors and partners, including: Marco ARCELLI and Thomas Brostrøm Line Bitar ACWA Power, Andrei Klevchuk AMEA Power, Deepak Agrawala Avaada Group, Jens Thomassen, Carmen Navarro A.P. Moller - Maersk, André van den Beld ETG GROUP, Aicha Zakraoui AfricInvest Group, Beril Oguz DenizBank AG, Muto Megumi Japan International Cooperation Agency (JICA), Fatih Konukoglu Sanko Holding RB Balaji IFC - International Finance Corporation Michael Knaus, Carolin Freyer, Jürgen Kern and many more!

🤝 Rebuilding Ukraine is one of the greatest economic challenges of our time, requiring extensive investment and sustainable modernization.🏗   At the 3rd #RebuildUkraine conference in Warsaw this week, this pressing issue took centre stage. While the challenges are immense, the event conveyed a sense of determination and cautious optimism.   Our colleagues from DEG Impulse, daniel alex, and DEG, Jan Heinemann, presented two #PartnersInTransformation programmes—#develoPPP and #ImpactConnect—which offer tailored solutions for companies engaged in Ukraine. These initiatives reflect our commitment to supporting meaningful transformation through collaboration.   We are grateful to our partners at Agentur für Wirtschaft und Entwicklung for ensuring smooth coordination at the joint stand. Together, we continue to explore ways to make impactful contributions to Ukraine’s recovery and future.

I had the honour of celebrating the launch of the #GermanDesk Kenya at Equity Bank Limited, in cooperation with DEG, at the beautiful residence of the German Embassy. 🎉 With around 300 guests from East African and German businesses and NGOs, the event was a showcase of German-Kenyan economic relations. 📢 I am thankful and proud to take on the role of German Desk Manager, where I will support German companies in establishing and expanding business relationships in Kenya and East Africa.  🚀✨  This cooperative initiative between Equity Bank and DEG aims to bridge cultural and financial gaps, fostering sustainable growth and collaboration. 🌱🤝 I would like to extend my heartfelt thanks to Sebastian Groth, Ambassador of Germany to Kenya for hosting us, Dr. James Mwangi, Equity Group Managing Director and CEO, for his inspiring words, Petra Kotte from DEG, Dr. Monika Erath from the Delegation of German Industry and Commerce in Kenya (AHK Kenya) and Henriette Geiger, Ambassador of the EU to Kenya, for their support. 🙏 Special thanks to A Q Hamza and the Equity Bank Limited team for welcoming me so wholeheartedly. I am excited about the opportunities ahead and look forward to strengthening economic ties between our countries. Feel free to reach out if you're interested in exploring business opportunities in the region! ▶️https://lnkd.in/di8ShuUs

🏆 Die DEG ist einer der besten Arbeitgeber in Deutschland! 🎉 Dank sehr guter Bewertungen durch aktuelle und ehemalige Mitarbeiterinnen und Mitarbeiter auf der Plattform kununu ist die DEG 2024 erneut mit dem vom Bewertungsportal verliehenen #TopCompany-Siegel ausgezeichnet worden. 🏅 💪 Nur rund fünf Prozent aller Arbeitgeberprofile erhalten diese Auszeichnung. Die DEG gehört damit zu den attraktivsten Arbeitgebern in Deutschland! ⭐ Neben der Unternehmenskultur bewerten Mitarbeiterinnen und Mitarbeiter auf kununu.de auch, wie das jeweilige Unternehmen ihrer Meinung nach bei den Themen Gleichberechtigung, Arbeitsbedingungen, Karrierechancen und Gehalt abschneidet. In der Gesamtbewertung erhielt die DEG dabei 4,3 von fünf möglichen Sternen.  💙 Danke an alle DEGlerinnen und DEGler, die abgestimmt haben, für euer Votum und das positive Feedback! #teamdeginvest