ANNOUNCEMENT 02 Oct 2017

On 2 October 2017, the US government approved funding to support an export operation carried out by Ecp Africa Fund Iv A Llc.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Foreign Investment Financing. Ecp Africa Fund Iv A Llc.
https://www.usaspending.gov/award/ASST_NON_9000003585_7100

U.S. International Development Finance Corporation, "Our Products", (retrieved on 15/07/2021). Available at: https://www.dfc.gov/what-we-offer/our-products

Inception date: 02 Oct 2017 | Removal date: open ended

Trade finance

On 2 October 2017, the Overseas Private Investment Corporation approved funding to support an export operation carried out by Ecp Africa Fund Iv A Llc. The total amount granted was USD 100 million. The exact country where the operation was carried out was not disclosed. The support was granted through the Foreign Investment Financing programme.

The Foreign Investment Financing program provides financing for projects in developing countries to increase US exports, to advance American foreign policy goals, and to promote the US commercial competitiveness around the world. Under the program, projects must have significant participation by a sponsor from the United States. The program is run by the U.S. Overseas Private Investment Corporation (OPIC). In 2020, OPIC transformed into the U.S. International Development Finance Corporation (DFC).

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
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