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US International Development Finance Corporation

US International Development Finance Corporation
The latest news and top stories on the US International Development Finance Corporation. A Washington DC-based US government agency, the DFC is America’s development bank dedicated to mobilising private capital for economic development in less-developed countries. Its main areas of focus include providing financing, insurance and technical assistance across sectors such as energy, healthcare and critical infrastructure.
China-Africa relations

US-China rivalry takes flight over scramble for Ethiopian airport contracts

State-owned Chinese companies are leading the way in the bidding war, but Washington is pushing the claims of firms such as Boeing and GE.

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How China’s US$900 million port deal in Angola shows its lead on US interests

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China built megaprojects in Ivory Coast, now its own role is changing

Beijing is transitioning from contractor to stakeholder in the fast-growing African economy, with US$209 million tourist complex in the mix.

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