Closing out a year of transformative development

Investing in Africa's Future

DFC announced $369 million in new commitments supporting sustainable and impactful development across the continent at the U.S.-Africa Leaders Summit.

The commitments included a $100 million investment in the Mirova Gigaton Fund to improve access to clean energy in countries across the continent and a $10 million equity investment in the Transform Health Fund, which will support health security in Africa. During the Summit, DFC officials also met with heads of state and private sector partners to discuss the agency's financial tools and explore new investment opportunities.

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Expanding Investment in Ukraine

On official travel to Lviv, CEO Scott Nathan met Ambassador Bridget Brink and Ukrainian private sector and university leaders, as well as students. He also announced two new investments supporting Ukraine's recovery from Russia's unlawful war.

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Starting Strong in First Quarter of Fiscal Year 2023

This quarter, DFC and its Board of Directors approved eight new investments totaling more than $465 million. These new investments will advance impactful development projects that support critical infrastructure, health security, and more.

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Advancing Digitization and Financial Inclusion

At an event hosted by the Center for Global Development, DFC announced a collaboration with Mastercard that will bolster financial inclusion and improve access to digital tools across Africa.

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DFC COO Travels to South Africa

While in Cape Town and Johannesburg, COO Agnes Dasewicz spoke about DFC’s role in Africa’s private equity markets and met with fund managers and prospective clients to promote private sector-led development.

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Advancing Urban Infrastructure Projects

A DFC loan is helping The Urban Resilience Fund invest in resilient and sustainable infrastructure projects that address the critical needs of urban population growth in Africa and Jordan, including climate-related challenges.

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Expanding Access to Essential Household Goods

A DFC equity investment will help woman-founded e-commerce startup Copia Global grow its digital platform delivering essential goods to consumers in Kenya and Uganda.

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Supporting Small Businesses in Serbia

DFC, in partnership with the Serbian Ministry of Finance and USAID Serbia, launched four new loan portfolio guaranties that will support SMEs, with a focus on women-owned and rural companies.

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