We're thrilled to announce that DFC has joined forces with USAID to empower the entrepreneurial spirit in the Dominican Republic. Through a $42 million loan portfolio guaranty, Dominican small businesses will gain enhanced access to crucial financing opportunities, bolstering economic growth and fostering innovation in the local market. As a regional economic powerhouse and a driver of democratic development across the Caribbean, the Dominican Republic is a cornerstone of our efforts to promote sustainable and diversified development in the region. This announcement reflects the United States' commitment to this country and its people. The official launch of this groundbreaking initiative was held at the Dominican National Palace, with the esteemed presence of the President of the Dominican Republic, Luis Abinader; USAID Administrator, Samantha Power; DFC's Deputy CEO, Nisha Biswal; and Banco de Reservas Executive President, Samuel Pereyra. This collaboration is more than just financial support—it's a commitment to sustainable development and prosperity for the Dominican Republic.
U.S. International Development Finance Corporation
International Trade and Development
Washington, DC 65,734 followers
Investing in development and advancing U.S. foreign policy.
About us
U.S. International Development Finance Corporation (DFC) is the U.S. Government's development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest in projects that create jobs in emerging markets in sectors including energy, healthcare, critical infrastructure, telecommunications, and financing for small businesses and women entrepreneurs. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.
- Website
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http://dfc.gov
External link for U.S. International Development Finance Corporation
- Industry
- International Trade and Development
- Company size
- 201-500 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 2019
- Specialties
- political risk insurance, financing, investment funds, equity investments, technical assistance, feasibility studies, international development, and impact investing
Locations
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Primary
1100 New York Avenue, NW
Washington, DC 20527, US
Employees at U.S. International Development Finance Corporation
Updates
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In the Dominican Republic, access to finance is a roadblock for many, especially women entrepreneurs who own less than 5% of MSMEs. That's why we're partnering with USAID to provide a $42 million loan portfolio guaranty to fuel economic opportunity. https://lnkd.in/eR9ukGXB
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DFC is committed to supporting sustainable progress in Central America. Chief Development Officer, Larry Sacks, participated in an interagency Investment Facilitation Team trip to Guatemala focused on investing in infrastructure to boost the country’s economic growth and inclusive development. CDO Sacks met with government officials, the private sector, civil society, and indigenous groups to learn how DFC can best leverage our unique tool kit to mobilize private sector capital and address the root causes of migration in the region.
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The global supply chain landscape is becoming increasingly complex. From potholes to power outages, any kind of logistics challenge can impede a country’s ability to compete economically. According to a The World Bank analysis, it is less likely to deliver products on-time and in good shape in lower-income countries. Together with USAID, a $4.2 million DFC partial loan guaranty will help digital logistics business Trella strengthen its work in Egypt and Pakistan to map more efficient routes and connect more shippers and truckers. The Trella platform uses a mobile app to provide more visibility into demand for shipping services, promote fair pricing, and improve load utilization. The result: more efficient transport of goods, increased and faster income for truckers, and a decrease in greenhouse gas emissions. What does the future hold? Trella estimates that by the end of 2024 it will be supporting approximately 250 shippers in Egypt, 120 shippers in Pakistan, and facilitating over 100,000 monthly shipments.
Strengthening digital logistics and shipping in Pakistan and Egypt
dfc.gov
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U.S. International Development Finance Corporation reposted this
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DFC is excited to share we will be announcing our Fall Internship opportunities soon! We will be announcing multiple internships across the agency to include Contracting, International Development Analysis, Development Impact, Environmental & Social Risk, Portfolio Monitoring, Human Resources, and Policy. As you settle in for the new school year, we encourage you to start preparing for these opportunities. Here are some steps you can take now: ✏️ Set up your profile on USAJOBS ✏️ Save a job search and set up email notifications ✏️ Prepare your resume ✏️ Download your transcripts ✏️ Bookmark https://lnkd.in/ekzK8WGc #DFCCareers #Hiring #Internships #InternationalDevelopment
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Global stability and prosperity start with global health. DFC's latest blog by Nafisa Jiwani explores our commitment to healthcare innovation.
How DFC is addressing urgent global health challenges: A conversation with Nafisa Jiwani
dfcgov.medium.com
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DFC is proud to be at the forefront of the DFI Surge Financing Initiative, enhancing medical countermeasure access for low and lower-middle-income countries. Our very own Global Health lead, Nafisa Jiwani, represented DFC at the Global Pandemic Preparedness Summit in Brazil, organized by the country's Ministry of Health and CEPI (Coalition for Epidemic Preparedness Innovations). Nafisa showcased DFC's commitment to innovative financing strategies that support the procurement, production, and distribution of essential medical countermeasures. Our goal? To strengthen global defenses and ensure we're better prepared for any future health crises. Stay tuned as we continue to drive impactful change and foster global health security! #GlobalHealth #PandemicPreparedness #InnovativeFinancing #PublicHealth
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In a world where digital security is key, we're thrilled that DFC's $300M investment is enabling Africa Data Centres to create a bastion of trusted digital infrastructure in Cape Town. Together, we're building a safe economic future for Africa.
Tackling a critical need for data center infrastructure across Africa
dfc.gov
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COO Agnes Dasewicz underscores DFC commitment to European energy security at the P-TECC Ministerial in Romania—including through the first disbursement under our $300M financing agreement for the Three Seas Initiative Investment Fund.
Chief Operating Officer Dasewicz Underscores DFC Commitment to European Energy Security at P-TECC Ministerial in Romania
dfc.gov