On October 5, 2018, President Trump signed the Better Utilization of Investments Leading to Development (BUILD) Act into law--landmark legislation that reformed and strengthened U.S. development finance capabilities into a new federal agency to help address development challenges and foreign policy priorities of the United States.
U.S. International Development Finance Corporation (DFC) is a modern, consolidated agency that brings together the capabilities of OPIC and USAID’s Development Credit Authority, while introducing new and innovative financial products to better bring private capital to the developing world. The U.S. will have more flexibility to support investments in developing countries to drive economic growth, create stability, and improve livelihoods.
DFC makes America a stronger and more competitive leader on the global development stage with greater ability to partner with allies on transformative projects. Further, DFC provides the developing world with financially sound alternatives to unsustainable and irresponsible state-directed initiatives. DFC invests across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.
DFC's work takes a Triple Aim approach as our investments focus on impactful global development, advancing U.S. foreign policy, and generating returns for American taxpayers.