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Blog Post
April 13, 2021
In March, the US International Development Finance Corporation (DFC) held its first board meeting of the Biden-Harris administration. At that meeting board members voted to approve just one project—a $300 million loan to expand a Brazilian bank’s lending portfolio to small and medium enterprises (SM...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...