American DFC to open branch in Dakhla as African platform - News Summed Up

American DFC to open branch in Dakhla as African platform


The US International Development Finance Corporation (DFC) will open a branch in the city of Dakhla which will serve as a platform for all its operations towards the African continent. During this historic visit, Mr. Boehler announced the opening of a Prosper Africa office to be based in Morocco. The US Agency for International Development (USAID) is also planning to designate Morocco as the North Africa regional hub for its new continent-wide Prosper Africa trade and investment program. DFC will also invest $1 billion in projects aimed at advancing women’s economic empowerment in the Middle East and North Africa. “Morocco’s leadership on the continent combined with its vibrant and growing economy make the country an ideal base for Prosper Africa as well as create exciting opportunities for DFC investment,” Boehler had then said.


Source: The North Africa Journal January 11, 2021 14:26 UTC



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