U.S. International Development Finance Corporation (DFC) Visits Ethiopia to Discuss New Program to Advance Financing Solutions

Chief Executive Officer of the U.S. International Development Finance Corporation
Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), meeting with Ethiopia’s Minister for Finance, Ahmed Shiede. Photo : courtesy of US embassy

US embassy Addis Ababa
November 15, 2019

Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), visited Ethiopia November 13-14 to promote U.S. investment in Ethiopia and strengthen relationships with key partners in support of mutual development goals.

The visit marks Boehler’s first official travel to Ethiopia as CEO of the DFC, a new U.S. Government agency that combines and modernizes the Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority (DCA). Equipped with a more than doubled investment cap of $60 billion and new financial tools, DFC has more resources to mobilize private sector capital to address development challenges and advance U.S. foreign policy in priority regions such as Sub-Saharan Africa.

Boehler met with President Sahle -Work Zewdie, Prime Minister Abiy Ahmed, National Bank of Ethiopia Governor Dr. Yinager Desse, Minister of  Finance Ahmed Shide, Minister of Water, Irrigation and Energy Dr. Sileshi Bekele and leaders from the private sector, to discuss DFC’s approach to mobilize private capital to invest in projects that create jobs and opportunity in emerging markets.

“We are prepared to make multi-billion-dollar investments in Ethiopia and its people,” CEO Adam Boehler said. “This collaboration is an opportunity for Ethiopia and the United States to strengthen our relationship around the shared goal of economic growth and prosperity.”



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3 Responses to "U.S. International Development Finance Corporation (DFC) Visits Ethiopia to Discuss New Program to Advance Financing Solutions"

  1. rezen   November 15, 2019 at 4:32 pm

    Subject: QUOTE: “U.S. International Development Finance Corporation (DFC) Visits Ethiopia to Discuss New Program to Advance Financing Solutions, US embassy Addis Ababa
    November 15, 2019” UNQUOTE

    Humble Comment, 15 Nov 2019 In the face of the FIRE burning Ethiopia, which was ignited BY ITSELF, FOR ITSELF, it would seem that international discussion about “financing solutions” is rather odd to say the least. One can’t help asking: Would the financial solution help extinguish the deliberate ‘FIRE’ of TODAY !?!?!? How about TOMORROW ?

    Reply
  2. Tilahun Gessese   November 16, 2019 at 6:59 am

    This finance minister has a huge confidence in his face . He donot behave like Abiy while talking to a foreign ambassader as if he is his servant.
    Abiy has no garce at all==fake info hahahhahahhaa

    Reply
  3. Selamawit   November 18, 2019 at 4:42 am

    Ethiopians need to work hard making money to pay off the foreign debt.

    Reply

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