DFC to invest up to $2bn in health-related projects in developing countries
US International Development Finance Corporation (DFC) has announced a new Health and Prosperity Initiative. It includes a call for proposals from private sector entities seeking DFC support for health-related investments in developing countries.
The agency seeks to invest between $5 million and $500 million per eligible project through its range of financial tools, which includes equity and debt financing, political risk insurance, and technical development.
Through the initiative, DFC - which wants to mobilise private sector investment - seeks to commit up to an aggregate $2 billionn across eligible projects and mobilize an additional $3 billionn in private sector capital alongside its investments.
Eligible projects should deliver highly impactful health outcomes in developing countries by strengthening health systems, supporting infrastructure development, and expanding access to clean water, sanitation, and nutrition.
DFC will prioritize investments that complement other US Government global health programs and advance the agency’s 2X Women's Initiative by empowering women, who are often disproportionately impacted by crises like COVID-19.
