Congo DR programs / Congo DR award 72066021C00002 · 2021–2023 · financial sector · Chemonics International Inc.
(Democratic Republic of the Congo): .USAID's DRC Invest activity aims to unlock $100 million in capital for Congolese agribusinesses and other enterprises. In addition to unlocking capital, DRC Invest attracts new impact investors to DRC, sustainably increasing Congolese businesses' access to favorable financing to fuel business growth..With FY 2021 funds, DRC Invest identifies small and medium-sized businesses to increase their capacity and assist them with financing through an investment facilitation platform. In turn, these businesses benefit local communities and producers as they strengthen key sectors and value chains. DRC Invest helps deepen DRC's nascent financial markets and improves the business and investment ecosystem. The platform provides technical assistance to facilitate and expedite engagement between small businesses and risk-adverse finance providers. By utilizing market-led impact investment models, the activity strengthens the sustainability of investments in communities and regions that lack well-financed, resilient market systems..The activity contributes to the Mission's Integrated Country Strategy via Mission Goal 2 (Improved quality of life for Congolese
Source: IATI activity description, US-GOV-1-72066021C00002 (2021). The source's own text.
When the program ran, from its start year to the latest document year. A hatched bar means the start is our estimate.
Axis: award years, end from years in documents. The start year comes from award fiscal year; the end is the latest document year, so the program may have run longer.
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| Name | Role | Years | Basis | Evidence |
|---|---|---|---|---|
| Chemonics International Inc. | implementer | 2021 to 2023 | Stated in a document | 12 sources |
| CrossBoundary, LLC | implementer | 2023 | Stated in a document | 1 source |
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Scope: country: Congo DR. The award code belongs to this country's mission. High confidence.
How sure we are: 0.9.
| Name | Years | Basis | Evidence |
|---|---|---|---|
| Democratic Republic of the Congo | 2021 to 2023 | Stated in a document |
| 14 sources |
| Africa | 2021 to 2022 | Stated in a document | 2 sources |
| Name | Years | Basis | Evidence |
|---|---|---|---|
| 72066021C00002 (contract, FY2021) | 2021 to 2023 | Stated in a document | 14 sources |
| Name | Years | Basis | Evidence |
|---|---|---|---|
| U.S. Agency for International Development (USAID) | 2021 to 2023 | Stated in a document | 10 sources |
| Chemonics International Inc. | 2021 | Stated in a document | 2 sources |
Sector profile (computed): Financial sector (banks, credit, microfinance, markets) 44%; Trade and investment 30%; Agriculture: agribusiness, processing, marketing, agricultural finance 5%
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Program key awd:72066021C00002
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