MDIF provides affordable debt and equity financing to independent media in a range of countries where access to free and independent news and information is under threat. For 25 years, our financing and technical assistance have helped scores of media organizations build robust businesses, strong enough to hold governments to account, expose corruption and provide a platform for debate.

Impact
Investing for impact
$240m
total financing
128 clients
in 44 countries
$112m current assets under management
Impact on clients
Working with MDIF has a positive impact on client businesses. It helps news organziations build audiences and revenues, supporting their overall financial viability.
Social impact
MDIF invests in independent media as a way of helping people build free, thriving societies. With a combined audience of 120 million people, MDIF-supported news businesses made a positive impact on their communities, including in these three areas:
Our approach to impact tracking
Does MDIF’s financing and technical assistance improve client sustainability?
Do MDIF’s clients have a positive impact on their societies?
Impact assessment is a critical part of our work, and we continuously work to refine and improve it in response to the sweeping changes in the media sector and changing best practices in impact measurement. We have developed a rigorous and streamlined process of tracking the impact of our financing and technical assistance, from its direct impact on client viability to how our clients drive change in their societies. Our approach includes both numerical and narrative data, as well as detailed longitudinal analysis and contemporaneous examples.