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Tag: DFC

US agency to double commitment in Nigeria by $530m

US agency to double commitment in Nigeria by $530m

Economy
The United States (U.S.) Development Finance Corporation (DFC), has reaffirmed plans to double its commitment in Nigeria with about $530 million. The Corporation, which said it is currently on the active commitment of $530 million, said it is interested in agriculture, critical infrastructure, financial services, and healthcare sectors. It maintained that in the wake of the COVID-19 pandemic, one of its key focuses is to create a more resilient global healthcare system. At a webinar programme, tagged; “US Project Financing Opportunities,” organised by the American Business Council in partnership with the U.S. Mission, Regional Director for Africa, DFC, Vibhuti Jain, said Nigeria is a priority country for the DFC. She said the Corporation recognised robust financ...