DFIs are specialized financial institutions the Government established to promote investments in the manufacturing and agricultural sectors.
Their functions include:
- Extending financial assistance in the form of medium- and long-term loans, participating in equity capital, underwriting and wherever relevant, acting as issuing house for public shares issues and providing guarantees for loans
- Specialize in medium- and long-term financing in addition to supplying financial services not normally provided by commercial banks and finance companies
- In addition, they help in identifying new projects, participate in their promotion, and where appropriate, provide ancillary financial, technical and managerial advice