PSD at a crossroads: Navigating a shared way forward
Nairobi, 16 – 18 June 2026
This event will be held in conjunction with the DCED Annual Meeting (for DCED member agencies only), 15 and 19 June.
With generous support by:



Overview and how to apply
The DCED, together with the BEAM Exchange – its knowledge platform on market systems development (MSD), has a track record in running Global Seminars to learn about effective practice in private-sector development (PSD).
The DCED’s 2026 Global Seminar will bring together DCED Members with the wider community of private sector development (PSD) funders and practitioners, to examine implications of the evolving global aid landscape for PSD for different types of participants:
- Bilateral donors: to hold frank discussions on managing political pressure while maintaining development integrity
- Foundations: to connect with peers navigating similar challenges around scale and transformation
- Implementers: to learn practical strategies for thriving in the new funding landscape.
- All participants: to engage in a unique exchange of the latest experiences, lessons and debates on how to promote systemic PSD under changing parameters effectively.
Since our last Global Seminar in 2024, there have been seismic shifts in the world of PSD. Bilateral aid budgets have been cut or eliminated; there is increased political pressure to align PSD with domestic trade benefits for donor countries; and donor countries are increasingly turning to Development Finance Institutions (DFIs) and other sources of finance to drive development outcomes. This is set against the backdrop of rising fragility and climate shocks, which demand more integrated responses that align prevention, recovery and adaptation with more systemic approaches. In all these responses, inclusion principles are under considerable strain yet remain essential for sustainable growth.
Applications are reviewed monthly, starting in January 2026. Participants will be selected based on relevant experience and early application is recommended. Note that DCED Annual Meeting components also visible in the application form (Monday, 15 June and Friday, 19 June) are open to DCED members and potential member agencies only. For any questions, please contact seminar@enterprise-development.org.






Discussions at the Seminar will be organised around the following strands. Seminar sessions will prioritise practical lessons emerging from PSD experience, evidence of what is working well, and analysis of the pitfalls. These will be further refined and narrowed in conversation with relevant stakeholders in the coming months. As such, the session titles and descriptions below are still subject to change.
Bilateral donors are rethinking funding envelopes and mechanisms, including procurement routes and the implications of widespread co-financing. Implementers and multilaterals are scrambling to diversify and experiment with new funding sizes, types and business models. As bilateral donors face budget cuts and focus more on domestic issues, an opportunity arises for others to step in. Will foundations, private investors and DFIs move in to support and sustain systemic approaches? Beyond a common label such as ‘foundation’, there is enormous variation within and among these funders: in culture, funding processes, budgets, time horizons and risk appetite. The implications for project conception, design, procurement and implementation will be specifically addressed in this stream but also integrated into specific technical discussions across the entire agenda.
Sessions:
- A Fast-Changing Funder Landscape: Implications for Effective Private Sector Development
- Interactive Workshop: Exploring different types of funders and their modalities, an exchange between bilateral donors and foundations
- Dollars & Sense: What does Market Systems Development programming cost?
- Rethinking the Implementer Business Model: Shifting Strategy at Global, Regional and Country Levels
Bilateral donors face growing political pressures to reconcile domestic interests – such as trade, market and resource access – with (private sector) development objectives abroad. One vehicle for this agenda is private sector engagement (PSE) programmes that involve donor country businesses in development. Ideally, these and other approaches can create a win-win situation for countries connected by a shared value chain, strengthening their respective earning potential, long-term economic relations, and supply of sustainably sourced critical raw materials. But there are also questions that need to be asked: What does it take to deliver shared benefits for both donor and developing countries through PSE and PSD? And how can domestic benefits be captured and communicated effectively without losing sight of the ‘development’ objectives of PSD? Sessions will explore policy shifts and practical examples of how to achieve synergies and navigate tensions, through concrete steps taken at both HQ and programme levels.
Sessions:
- Towards Mutual Benefits: How Bilateral Donors are Reshaping their Private Sector Development Portfolios
- Putting mutual benefits into practice (1): Case studies and lessons to date from bilateral donors
- Putting mutual benefits into practice (2): Experiences from the Global Gateway Northern Corridor initiative
- Donor (Re-)engagement in Critical Raw Material Value Chains: How do we deliver mutual benefits and not the resource curse?
There is a need to create systems through which finance can reach SMEs, and in which SMEs can develop to attract finance. The 2024 Global Seminar demonstrated that access to finance for dynamic SMEs in emerging markets requires collaboration between PSD and finance specialists. Building on the ongoing work of the new DCED Finance Working Group to develop a shared language and vision for SME finance, the 2026 Seminar will focus on practice: concrete examples, institutional configurations and the results and learning that are emerging.
Sessions:
- New Approaches for More Sustainable Business Development Services
- From Donor-Funded Market Creation to Attracting Commercial Finance: Lessons Learned to Date
- Interactive Workshop: Making the Connections to Support Market Creation
As a flagship systemic approach in PSD, MSD remains a key choice for donors and implementers alike. Significant updates to core guidance are in progress, and these should be examined and debated by the community. The Seminar will also mark 25 years since the publication of the Guiding Principles for Business Development Services (the ‘Blue Book’). What lessons have been learnt since its release, and how has the operating environment for MSD evolved? Is funding for neutral market facilitators being squeezed out? How are team leaders adjusting to increasing pressures for results, inclusion, climate impact, and achieving multiple objectives? And do new funders offer opportunities or risks to sticking to core MSD principles?
Sessions:
- The MSD Approach Debate: Do we need more innovation or is back-to-basics overdue?
- Public-sector engagement in market system change: What makes for effective partnership?
- Updating the MSD Operational Guide
In the past two years, a Just Transition has become a central topic on the agendas of many funding agencies. Yet, examples beyond climate adaptation in agriculture remain sparse. What are the limits of tweaking existing portfolios, projects and interventions? In a time of shifting funding priorities, how will new projects be conceptualised and designed differently? Trade-offs between environmental and socioeconomic (employment) outcomes need to be openly discussed between funders and implementers to enable a strategic vision of who is at risk and who might gain. Crucially, this also requires engagement with businesses at the forefront of market intelligence on climate risks and supply chain shifts. By injecting new voices, including those from foundations whose core strategy rests on a Just Transition, and harvesting best-in-class insights from the frontiers of green PSD practice and measurement, Seminar sessions will explore the contours of a new generation of green PSD programming.
Sessions:
- Towards a new generation of (more effective) Green Private Sector Development programmes: New insights and developments among funding agencies
- Candid Conversation: Managing and Mitigating Trade Offs in Green Private Sector Development
- Moving the needle in green measurement
Against the backdrop of a humanitarian funding collapse, more people than ever before are faced with protracted crises and displacement. Populations that have depended on prolonged humanitarian assistance are coping with dwindling food assistance and other support for their basic needs. In recent years, there has also been growing interest in the use of market systems approaches in fragile contexts and displacement settings, as well as efforts to sustain critical markets through shocks. What has the sector learnt about the potential to support vulnerable populations through more sustainable and stronger local markets? How are people currently coping and adapting in displacement settings and in fragile contexts? How are organisations adapting to the new normal in ways that deliver both value for money and meaningful impacts? And what roles do new funders and private sector partners play in supporting resilient market systems in such contexts going forward? This stream will challenge norms and explore critical questions for improving how we work in the world’s most challenging places.
Sessions:
- Resilience & recovery: busting some myths about the role of markets in crises
- The value of market-based programming in Fragile and Conflict-affected Settings
- Using the MSD approach amidst chronic conflict
Communicating credible evidence on effective PSD remains important to mobilise conventional and new funders. But while aid budgets are shrinking, the goalposts of results measurement in PSD keep shifting to capture diverse outcomes: green ambitions, trade effectiveness, systemic change, gender, youth and vulnerable groups inclusion. There is also a growing demand for credible self-reported data from market stakeholders such as SMEs to reduce monitoring costs and empower local actors to communicate their development relevance and attract impact finance. Sessions will show the latest PSD evidence and discuss emerging good practices in trying to tackle the different measurement aspects in credible, yet practical and cost-effective ways.
Sessions:
- Evidence on Private Sector Development: Findings from a DCED review
- Dollars and sense continued: Invest in results (measurement)
Inclusion can be mainstreamed within systemic development programming, supported by years of evidence showing that programmes and private investments are more successful and sustainable when designed through an inclusion lens. Yet, in some circles, the entire premise is being challenged. Creating space for and valuing inclusion requires courageous and continuous leadership at multiple levels as the PSD landscape shifts towards new topics and ways of operating. Sessions will unpack what this looks like in practice. This will include experiences in championing inclusion through intersectional approaches (e.g. to WEE, climate and care); as well as steps taken at policy and HR levels to ‘hold the line’ in this vital domain at a time when it most needs protection.
Sessions:
- Courageous leadership: Women’s economic empowerment and inclusion under pressure
- Unlocking Decent Jobs at Scale: Spotlight On the Care Economy
- Investing in Young Businesses in Africa: New Intermediaries to Deepen Financial Inclusion
Side events
Side events from external providers will take place on Friday 19 June 2026 in Nairobi. Information on side events is being added below as it becomes available – please check back for more details.
Advanced Market Systems Development Training, offered by DevLearn: DevLearn is bringing its Advanced Market Systems Development Training to Nairobi for a one-day taster on Friday 19th June. Designed for practitioners working in complex environments, this immersive, scenario-based session focuses on strengthening your ability to design and implement MSD programmes. During the day, you will take on the role of an MSD team leader. You will design and stress-test business models, manage a portfolio of interventions, and respond to unexpected shocks. This taster is ideal for practitioners looking for a high-quality, practice-focused way to build skills, as well as those considering taking the full Advanced Course in September.
The cost is $300 per person, and the course runs at the venue of the DCED Global Seminar in Nairobi. For more information contact adam@devlearn.co.uk, or book here.
One-day workshop on Assessing Systems Change, offered by MCL, in association with the Mazi Group: MCL, in association with the Mazi Group, is offering a one day workshop on Assessing System Change in conjunction with the Donor Committee for Enterprise Development (DCED) Global Seminar that will be held in Nairobi, Kenya on 16 -18 June 2026. The workshop will be held on 19 June 2026 at the same venue as the DCED Global Seminar.
Inspired by “A Pragmatic Approach to Assessing System Change,” and drawing on progress since it was written, this workshop will cover practical methodologies for assessing system changes. You will learn actionable steps that you can take to start or improve assessing system changes and utilizing the information for adaptive management.
During the workshop, you will apply user-friendly tools to real cases and learn about the experiences of other institutions and programs. There will also be plenty of opportunities to ask questions and clarify how to apply the tools in your context.
Led by global experts in practical results measurement, Aly Miehlbradt and Phitcha Wanitphon, this dynamic workshop will deepen your understanding of how to design for, and assess system changes to drive impactful systemic initiatives.
For more information, read the program details. To register, fill out the online registration form. If you have questions, email holm@miehlbradt.com