KfW headquarters in Frnakfurt

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    Press briefing on international cooperation

    On 2 May 2024, Christiane Laibach, member of the KfW Executive Board, gave a brief review of KfW Development Bank's and DEG's engagement in developing and emerging countries in 2023 and an outlook on the challenges and opportunities that arise for development cooperation in an increasingly multipolar world.

    The Board Member for International Financing explained how development cooperation can help to find viable solutions that have a direct impact in the partner countries and at the same time are in the German and European interest with regard to energy and raw material security and securing global value chains.

    Further information

    Christiane Laibach

    KfW Development Bank

    Business development in 2023.

    DEG

    Business development in 2023.

    Development finance

    KfW Development Bank

    The business sector KfW Development Bank finances development cooperation projects and programmes around the world on behalf of the German Federal Government.

    DEG

    KfW's subsidiary DEG finances and advises companies investing in developing and transition countries.

    Whether in Kabul, Afghanistan, in Accra, Ghana, or on New York's famous Fifth Avenue - KfW has branch offices in many places. Representatives of KfW Group work in more than 80 cities around the world.

    KfW's head office is in Frankfurt am Main. It has branches in Berlin and Bonn. DEG, a subsidiary of KfW Group, is headquartered in Cologne.

    KfW Development Bank

    In recent years KfW Development Bank has continuously expanded its network of offices. It is now represented at more than 60 locations around the world. Partners and project clients benefit from the close proximity. Financial Cooperation projects and programmes can thus be better prepared and supported, participation in sector dialogues is enhanced, and FC promotional loans and DEG financings for private customers are completed more rapidly.

    Locations of KfW Development Bank

    DEG

    DEG has representative offices in several important investment countries and regions: in Africa for East, West and Southern Africa, in Asia in China, India, Indonesia, Singapore and Thailand. In Europe there are DEG offices in the Russian Federation and in Turkey, and in Latin America for the Andean countries, Mercosur and Mexico.

    Locations of DEG

    How transformation succeds in Indonesia

    (Source: KfW / Christian Chua / Thomas Schuch)