DFC is committed to supporting investments across Europe and Central Asia, from Ukraine and Moldova to the Balkan states and countries bordering the Baltic, Adriatic, and Black Seas. This region needs additional private sector investment to build infrastructure, modernize industry, and lay a strong foundation for continued growth.
DFC’s investments in Europe and Central Asia improve lives, create meaningful economic opportunities, and address critical development challenges, particularly energy security, by improving the availability, reliability, and affordability of energy and reducing reliance on foreign imports. DFC is also working to advance inclusive economic growth and employment as well as foster recovery in conflict-affected countries and support refugee populations in a sustainable manner.
DFC, in collaboration with the USAID mission in Ukraine, is providing a $15 million loan portfolio guaranty to Bank Lviv—a major commercial bank in Western Ukraine—to deliver immediate support to Ukrainian small businesses, including women-owned businesses and smallholder farmers. DFC guaranteed loans will help small businesses remain open, providing employment, maintaining trade linkages, and supporting the economy.
A DFC loan is helping the InsuResilience Investment Fund work with financial institutions to develop and expand insurance to protect smallholder farmers and other climate-vulnerable populations against extreme weather and other natural disasters.
DFC financing supported the expansion and modernization of the Poti New Sea Port, which began operations in early 2022. DFC's support helped develop a new marine terminal to accommodate larger vessels up to 253 meters in length carrying up to 50,000 tons of cargo. The financing is also supporting additional storage facilities and transportation infrastructure including a modern hydraulic system needed to support expanded operations.
Financing is supporting construction of a 200-bed, full-service hospital in central Tbilisi that is expected to provide services to 220,000 patients per year, including many who would otherwise travel outside of the country for medical care.
Financing supported the construction of a new grain loading terminal and an oilseed crushing facility. The project has significantly improved Moldova’s storage logistics and processing infrastructure while also increasing the quality of local food supplies, creating jobs and enabling Moldova’s agriculture sector to reach growing export markets.
A $10 million loan helped Sante GMT modernize and increase dairy production by establishing a network of milk collection centers around the country, update a processing facility and expand beyond milk production into a line of juices, yogurts, cheeses and dessert foods. In addition to enhancing the country’s food supply, the project provides income for thousands of rural family farmers who previously had no way of selling milk produced on their land.