The U.S. development finance agency has invested nearly $50 billion in the past five years and tripled its staff as it has grown up, restructured, and grappled with its multiple mandates.
Since its inception in 2019, a U.S. development agency has created a portfolio of more than $50 billion worth of projects in 114 countries, including a trans-Africa railway corridor, a power plant in Sierra Leone,
Like Japan, the United Kingdom and France, the United States must have a more direct alignment between its foreign aid and commercial interests.
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
On Monday, the U.S. agency celebrated its five-year milestone by vowing to advance U.S. foreign policy and strategic interests through projects around the world such as the one in Angola.
President Joe Biden promotes a trans-Africa rail project during his Angola visit, highlighting U.S. investment to enhance economic ties and counter China's global influence. The U.S. International Development Finance Corporation's $553 million loan marks a strategic effort to bolster development and American interests abroad.
Five Years Since Its Inception, a US Development Agency Competes With China on Global ... million direct loan from the U.S. International Development Finance Corporation, created in 2019 during ...
President Biden made what may be his diplomatic curtain call this month with a long-promised trip to Africa, becoming the first president to visit Angola and first since former President Obama to visit the continent — with President-elect Trump in between.
The U.S. Energy Information ... consensus for the optimal development of the country’s energy. In December, Central Puerto, Argentina's leading electricity generator, and the World Bank Group’s International Finance Corporation announced the signing ...
We recently compiled a list of the Jim Cramer’s Lightning Round: 7 Stocks to Watch. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other stocks to watch.
COCONUT CREEK, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, is pleased to announce the appointment of Stephen Jones to its Board of Directors (the “Board”) effective January 1, 2025.
What Goldman Sachs’ exit from the U.N. Net-Zero Banking Alliance means for the future of sustainable finance. Plus, progress on the Lobito corridor, and good news for MCC.