ANNOUNCEMENT 08 Aug 2012

On 8 August 2012, the US government approved funding to support an export operation carried out by Wananchi Group (Holdings) Ltd..

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Foreign Investment Financing. Wananchi Group (Holdings) Ltd..
https://www.usaspending.gov/award/ASST_NON_9000005610_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: 08 Aug 2012 | Removal date: open ended

Trade finance

On 8 August 2012, the Overseas Private Investment Corporation approved funding to support an export operation carried out by Wananchi Group (Holdings) Ltd.. The total amount granted was USD 72 million. The operation was located in Kenya. 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

 
452 472 474

AFFECTED PRODUCTS

 
851711 851712 851718 851761 851762 851769 851770