WASHINGTON, D.C. – The U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan and DFC’s leadership team met this week with global leaders on the sidelines of the Spring Meetings of the World Bank Group and International Monetary Fund to foster private-sector-led development and advance U.S. foreign policy.
CEO Nathan led the inaugural meeting of the Development Finance Institution (DFI) Alliance Forum, a gathering of the heads of the G7 DFIs, to discuss new forms of collaboration. He also joined U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker for a private roundtable discussion about strengthening Ukraine’s agricultural sector. In addition, CEO Nathan attended the Semafor World Economy Summit to discuss creative financing solutions to solve Africa’s infrastructure gaps.
CEO Nathan signed a new co-financing facility with IDB Invest. He also signed a $50 million loan to the National Bank of Iraq to support lending to Iraqi entrepreneurs. In addition, DFC announced an up to $4 million equity investment in Regenera Ventures I to support regenerative agriculture in rural Mexico. CEO Nathan and DFC’s leadership team held other bilateral meetings with senior officials from Moldova, the Philippines, Pakistan, Ghana, Ukraine, and elsewhere.
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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.