As a continuing sign of the U.S. commitment to a prosperous Guyana, the Embassy hosted a delegation from the U.S. International Development Finance Corporation (DFC) on October 13. The delegation, led by CEO Adam Boehler, includes U.S. Department of Treasury Assistant Secretary for International Markets Mitchell A. Silk and other senior officials from the Department of State, Department of Homeland Security, U.S. Export Import Bank, and National Security Council. Guyana is the second stop in their five country tour. The trip comes on the heels of the recent signing by the U.S. and Guyana of the Growth in the Americas initiative. The group discussed investment opportunities and highlighted the U.S. Government’s support of economic growth and security cooperation in the region.
Founded in 2018 under the Better Utilization of Investments Leading to Development (BUILD) Act, the DFC is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. It 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. Portfolios range from $1 million to $1 billion USD.
The delegation met with members of the private sector, including the Private Sector Commission, Go-Invest, and the American Chamber of Commerce. They were also hosted by his Excellency President Irfaan Ali for a working dinner at the State House.