Development Finance

Cologne – October 28, 2026 -- DEG - Deutsche Investitions- und Entwicklungsgesellschaft has committed its 100th ImpactConnect financing, a €5 million loan to KBE Tunisie, a subsidiary of Germany's KBE Group. The loan funds a new production site in Monastir, Tunisia.

ImpactConnect has provided €345 million in loans across 25 markets since 2019

The program has co-financed investments by German companies in 25 emerging markets since its 2019 launch. Companies contributed roughly €350 million of their own funds alongside the €345 million in ImpactConnect loans.

The German Federal Ministry for Economic Cooperation and Development (BMZ) provides the funding. ImpactConnect is the second pillar of DEG's financing offer for German companies, next to DEG's own-funds financing.

Beijing – – September 17, 2026 -- The New Development Bank (NDB), the BRICS-backed lender championed by Chinese President Xi Jinping, has approved 139 projects worth roughly $43 billion by the end of 2025, funding renewable energy, transport infrastructure, affordable housing and clean water access across emerging markets.

Xi Jinping Joins New Delhi Summit as BRICS Marks 20 Years

Xi will attend the 18th BRICS Summit in New Delhi on September 12-13 at the invitation of Indian Prime Minister Narendra Modi, under the theme 'Building Resilience, Innovation, Cooperation, and Sustainability.' The gathering marks two decades of BRICS cooperation and arrives as Global South economies push for more self-reliant development models.