DFC Expands Global Impact With Record-Breaking Investments in Fiscal Year 2024

In Fiscal Year 2024, DFC tackled some of the world's greatest challenges by supporting transactions in 44 countries, with a total portfolio spanning over 110 countries across Africa, the Middle East, Latin America, Europe, and the Indo-Pacific. DFC's new commitments are expected to finance 450,000 smallholder farmers, generate 4,600GWh of renewable energy, improve healthcare for more than 11 million patients, and fuel growth for 380,000 micro, small, and medium-sized businesses.

"Fiscal Year 2024 was a remarkable year for DFC, both in terms of volume of investment and our impact on some of the world's most pressing challenges. In just five years since its creation, DFC's private-sector-led approach has established DFC as a pivotal instrument in U.S. foreign policy and a key player in the development finance space," said DFC CEO Scott Nathan. "The new investments made this year will provide badly needed financing to entrepreneurs and businesses, driving economic growth and stability in the countries where we work. I'm proud of the hard work and accomplishments of the DFC team to support development and bolster U.S. national security."

In Fiscal Year 2024, DFC committed to over 180 transactions. Activity included:

Invested where American values and interests intersect. DFC's dual focus on global development and American national security helps ensure its investments benefit both the United States and the host countries.

Provided critical support to the people and businesses impacted by the war in Ukraine. DFC continued its support for Ukraine, committing more than $580 million to a wide range of sectors crucial to the country's recovery and stability amid the conflict. This included one of its signature tools to address the most urgent Ukrainian economic needs and lay a foundation for long-term resilience: political risk insurance.

Strengthened global supply chains. DFC invested in infrastructure to bolster access to essential goods and services including food, energy, healthcare, technology, and critical minerals.

Advanced high-standard, transparent investing to achieve sustained impact. DFC adheres to the highest standards on worker rights and the environment and works to ensure its investments deliver a sustained positive impact.

Supported the world's low-income countries and underserved communities. DFC focuses a majority of its transactions in low- and lower-middle-income countries and prioritizes investments that benefit women and other underserved populations.

Learn more about DFC's record-breaking year. 

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.

View original content:https://www.prnewswire.co.uk/news-releases/dfc-expands-global-impact-with-record-breaking-investments-in-fiscal-year-2024-302286349.html