COVID-19 responses – support to existing clients
USD 3 m
Financial instrument: Private Equity Fund
Financial intermediary: Lok Capital and Emerging Markets Investments
In the face of the unprecedented COVID-19 crisis, Development Finance Institutions (DFIs) such as SIFEM have a crucial role to play. They form an effective front line in the struggle to preserve businesses in developing countries and are the institutions best suited to help the private sector in these markets. At a time when capital flows into developing countries have ground to a halt, DFIs have a unique opportunity to act in a counter-cyclical fashion and by leading other investors back into emerging markets in the medium term.