Here’s to fresh starts, big goals, and new successes in the coming year! May this year bring you growth, prosperity, and endless opportunities. Wishing you a Happy New Year!
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CEO of the Mission 300 Accelerator, Former ODI Executive Director and Former Power Africa Coordinator, Development Finance Executive, and Diplomat
After catching my breath after a week of events at the World Bank-IMF Spring meetings, I had the chance to sift through U.S. International Development Finance Corporation's 100-page Annual Report. All I can say is "Wow!" When Congress established DFC with a new and dual mandate of advancing development AND foreign policy, many worried that it couldn't do both. This Annual Report begs to differ. This report is filled with data that demonstrates how DFC can advance development on a sector-wide basis. It also provides details of the development impact of each individual deal. As a taxpayer, I look at this Annual Report and understand what I'm getting for my money. It's clear on p. 7 what DFC is accomplishing -- not fluff, but straight up numbers about how peoples' lives are being impacted on a sector-wide basis. That's why we invest in development. So what's the issue? DFC has demonstrated that with its limited resources, it can accomplish a lot. But it can do so much more if it is unleashed and with few little tweaks (as per my other blogs). Imagine what DFC could do if it is properly resourced with little bit more money, a bit more flexibility, and more people. For example, DFC only was able to visit just over 50 projects last year for monitoring purposes -- that's pretty good, but not enough. If DFC can scale its ground game and get closer to the countries countries and deals, it can grow its portfolio in a significant way. More people on the ground. More people focused on the really hard stuff like financing in fragile areas (as per DFC's recent loan portfolio guarantee in Iraq and its work in Ukraine), more deals in low income countries and in the Amazon. More long-term financing for forest conservation projects. More investment in African manufacturing, distributed renewable energy, and transmission and distribution infrastructure. Don't get me wrong, DFC is doing it, but it could do even more, and this Annual Report is proof of its successful model and its limitless potential. DFC is uniquely positioned among all the DFIs to really move the needle on development and to offer an alternative to the Belt & Road Initiative, given that it does not need to borrow money from capital markets or earn a positive return for its shareholders (we, the US taxpayers, are the “shareholders”) which means that it can structure its deals to prioritize development or foreign policy impact over return. That's incredibly powerful. Keep up the great work, DFC team! Jake Levine Larry Sacks Agnes Dasewicz Nisha Biswal Scott Nathan Elizabeth Boggs Davidsen James Polan Mateo Goldman John Sachs Nancy Rivera Danielle Montgomery Maryam Khosharay Jane Rhee Naz El-Khatib Chris Walker Neonu Jewell, JD, MBA, MDiv Nafisa Jiwani Jeff Moore Julie Bulgrin Alison Germak Jody M. Dia Martin, CFA Nadia Rhazi Khawar David Riposo Aparna Shrivastava
It's here! Our Annual Report has landed, charting an incredible year of triumphs. Get the full story and join us as we set the stage for an even brighter future. ⤵️
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Vice President and General Counsel at U.S. International Development Finance Corporation
Sharing DFC’s latest Annual Report for your reading pleasure
It's here! Our Annual Report has landed, charting an incredible year of triumphs. Get the full story and join us as we set the stage for an even brighter future. ⤵️
DFC FY23 Annual Report
dfc.gov
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🚀 Finish Strong! The Year Isn’t Over Yet 🚀 As we enter the final stretch of the year, it’s easy to think that the time for growth and change is winding down. But remember: some of the most impactful progress happens in these last few months. The goals you set at the beginning of the year? They’re still within reach. The dreams you’ve been nurturing? They’re still waiting for you to make them real. Now is the time to dig deep, find that extra spark, and push forward with renewed focus and determination. Don’t let the clock dictate your success—show up every day with intention and commitment, and let the results speak for themselves. Let’s make the last quarter our best quarter. The finish line is ahead, and we’re stronger than ever. Let’s end this year with pride, momentum, and no regrets.
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Co-founder/ COO @Grocerylist | T '23 | Building the future of b2b2c marketplace in Latam and the caribbean
In the great pursuit of progress lies the beauty of overcoming obstacles, achieving #KPIs, and mastering tasks. Two years and counting, we remain steadfast in our commitment, building bridges across Latin America, the Caribbean, and the world, one grocerylist at a time. #BuildingForSuccess #startup #grocerylist #jamaica #foodsecurity #groceryindustry #groceryshopping #b2becommerce #jamaican #gigeconomy #foundersjourney #ycombinator #techstars #foodsecurity
It's still early enough to accomplish what you set out to do this year. We often start the year with big dreams and high expectations, and sometimes within the first few months of the year - that can get thrown completely off track with unexpected challenges and obstacles. If you're reading this, you still got it. Don't lose that momentum. Happy Q2.
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One more much needed piece of motivation to start off Q2 strong. No matter what happened in the past, all we can focus on is the actions we take now. So lets only focus on that! Everette Taylor #inspiration #motivation #motivationalmonday
It's still early enough to accomplish what you set out to do this year. We often start the year with big dreams and high expectations, and sometimes within the first few months of the year - that can get thrown completely off track with unexpected challenges and obstacles. If you're reading this, you still got it. Don't lose that momentum. Happy Q2.
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As March unfolds, let's embrace new beginning, growth, and endless possibilities! Wishing you a joyful and prosperous month ahead. Happy New Month #digitalamarketing #digitalagency #creativeagency #professionalgrowth #growthmarketing #growyourbrand #marketingleaders
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