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United States International Development Finance Corporation

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Photo: Independent Journal Review
Reporting
Trump’s Shipping Insurance Flops As Iran Reportedly Launches Bitcoin-Based Insurance For Hormuz
President Donald Trump’s effort to reopen the Strait of Hormuz with a multibillion-dollar maritime insurance program has so far failed to draw buyers. The U.S. International Development Finance Corporation has not…
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Facts from Wikidata (CC0).

The United States International Development Finance Corporation (DFC) is a development finance institution and agency of the United States federal government. DFC invests in development projects primarily in lower and middle-income countries. First authorized on 5 October 2018 by the BUILD Act, the independent agency was formed on 20 December 2019 by merging the Overseas Private Investment Corporation (OPIC) with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID), as well as with several other smaller offices and funds.

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