Business news from Ukraine

Representatives of U.S. Agency for International Development (USAID) have started working in Ukraine on permanent basis

20 August , 2024  

Representatives of the U.S. Corporation for International Development (DFC) have started working in Ukraine on a permanent basis.

“The AmCham Ukraine team held a productive meeting with Caitlin Candee, Project Finance and Political Risk Insurance Specialist, and Anthony Pollak, Investment Advisor, from DFC, who are now represented in Ukraine on a permanent basis,” AmCham Ukraine said in a Facebook post.

According to Pollak’s LinkedIn profile, he has been working in Kyiv on behalf of DFC since July of this year, and a little earlier, in June 2024, he began representing the CrossBoundary group as an investment advisor in Kyiv.

In addition, DFC, the U.S. government’s development finance institution, the successor to OPIC, has launched a special website dedicated to its work in Ukraine. It is noted that before Russia’s full-scale invasion, DFC’s investments in Ukraine amounted to $800 million, but since the beginning of 2022, they have increased by $848 million, or more than doubled. Thus, DFC’s total portfolio as of August 12 was approximately $1.6 billion.

Source: https://interfax.com.ua/