This year the British development finance institution added a further $4 million in short-term working capital.

The regional development finance institution was set up in 1989 to help member countries speed up their development.

Actis was spun out as the private equity unit of UK government-owned development finance institution CDC Group in 2004.

Shelter Afrique is a pan-African finance institution that focuses on funding affordable housing in 44 countries across the continent.

It has also reached agreement with a development finance institution to provide a further $10 million in subordinated debt.

In addition, Britain, through its development finance institution CDC, intends to make a contribution of up to $300 million.

UK's development finance institution CDC Group Plc said that Srinivasan Nagarajan will join the firm as regional director for its investments in India.

A customer of a micro finance institution strings beads into necklaces at a workshop in a slum area in Mumbai February 17, 2007.

Kazakhstan is considering making AAOIFI's sharia standards compulsory for its Islamic finance institutions, Merah said.

In this way, Mboweni revealed that government would borrow over R100 billion from international finance institutions.

It is also critical in relation to state owned enterprises, development finance institutions and other public bodies.

This kind of financing is already being undertaken by credit unions and by community development finance institutions.

Another source of cash is major development finance institutions like the World Bank and Asian Development Bank.

It was in talks with development finance institutions about debt to cover the balance, he told reporters.

Advances to micro finance institutions were at 0.94 percent of total advances, it said.

Eskom stated that the initiative is part of new funding it intends to sign with development finance institutions in 2018.