With rapid population growth and home to many of the world’s fastest-growing economies, Sub-Saharan Africa is central to the economy of the future both as a growing consumer market and a source of resources critical for securing U.S. military and industrial supply chains. Africa has also become central for strategic competition, especially with China.
DFC investments in Africa support critical infrastructure, including roads, ports, and telecommunications, to facilitate long-term economic growth and supply chains. These projects strengthen local economies and create new opportunities for trade and investment.
A DFC loan is facilitating the upgrade and repair of a railway in Angola, enhancing the efficiency and reliability of transporting critical minerals from mines in the DRC.
A $5 million DFC loan is helping QuantumID Technologies of Cambridge, Mass., expand its SmartKargo e-commerce and logistics platform in Senegal.
Backed by DFC's political risk insurance, the GSEZ Mineral Port is diversifying its export portfolio and bolstering economic growth in Gabon.
DFC has invested $50 million in Cassava Technologies to bolster secure digital infrastructure, countering risks associated with technology ecosystems that could be influenced by strategic competitors.
DFC has committed to support the development of an 83.5 MW combined cycle thermal power plant, Sierra Leone’s first major utility-scale power project.