African Center for Strategic Research and Public Policy
Development Finance Institutions and Structural Transformation
What African DFIs need to finance productive transformation at scale.
Executive Summary
Development finance institutions can address long-term financing gaps, but their impact depends on governance, additionality, risk management and alignment with industrial strategy.
Development finance institutions can address long-term financing gaps, but their impact depends on governance, additionality, risk management and alignment with industrial strategy.
Why It Matters
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Key Strategic Considerations
- Institutional capacity and implementation remain decisive.
- Regional spillovers can be as important as domestic policy choices.
- Financing, infrastructure and political incentives shape long-term outcomes.
What to Watch Next
Future developments should be assessed through the interaction of policy implementation, regional coordination, domestic political economy and the changing international environment.
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