Driving development with new technology
Digitalisation is a central "game changer" for developing countries: digital technologies are transforming the way today's generations live, work and communicate with each other. These technologies provide an opportunity to improve the efficiency, speed and environmental sustainability of social and economic development processes. Particularly for developing countries, this creates great opportunities to overcome barriers to development and catch up quickly through what is known as leap-frogging.
KfW Development Bank helps its partners tap into this potential for sustainable development in various sectors. At the same time, we ensure that new risks also associated with the use of digital technologies – such as data privacy and cybersecurity – are handled responsibly.