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Since 2021, U.S. International Development Finance Corporation has backed 6 African startups across 3 disclosed funding rounds totaling $44.5M, most heavily in Kenya and Fintech.
The U.S. International Development Finance Corporation (DFC) is the United States Government’s development finance institution and is commonly described as America’s development bank. It partners with the private sector to finance projects that advance development outcomes in emerging markets, while supporting U.S. foreign policy objectives. DFC is headquartered in Washington, D.C. and provides loans, loan guarantees, equity investments, and political risk insurance, among other instruments, to support private sector led development globally. In Africa, DFC has participated in multiple growth and innovation focused financings. Based on confirmed transactions, it has backed companies at Series B and other structured stages, with a particular focus on fintech and health related technology solutions. Between September 2021 and April 2024, DFC participated in at least three African funding rounds, investing approximately 44.5 million dollars across Kenya, Rwanda, and Nigeria. These include support for Pezesha in Kenya, Kasha in Rwanda, and Nithio in Nigeria. DFC’s investments in these companies reflect an emphasis on digital financial inclusion, clean energy finance, and access to essential health products. Its equity investment in Kasha Global aligns with agency initiatives that target women’s health and prosperity, while its financing for Nithio supports climate focused clean energy access. The technical assistance grant to Pezesha is intended to strengthen data driven lending to small businesses, highlighting DFC’s role in mobilizing private capital and innovation to address critical development challenges in African markets.
Data updated · Sep 13, 2026
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U.S. International Development Finance Corporation has backed 6 African startups across 3 disclosed funding rounds tracked on Liners, totaling $44.5M since 2021.
Mostly Other: 2 of its 3 tracked rounds are at that stage, followed by Series B (1).
Its tracked rounds lean toward Fintech (3), Logistics & Supply Chain (2), Health Tech (2).
U.S. International Development Finance Corporation most often shares rounds with Beyond Capital Ventures (1 shared deal), Altree Capital (1 shared deal), Tim Koogle (1 shared deal).
The official website of the U.S. International Development Finance Corporation is dfc.gov. This site provides detailed information about the institution’s mandate, tools, and global portfolio, as well as media releases and contact information.
The U.S. International Development Finance Corporation is the United States Government’s development finance institution, often referred to as America’s development bank. It partners with the private sector to provide loans, guarantees, equity investments, and political risk insurance that support private sector led development in emerging markets.
In Africa, the U.S. International Development Finance Corporation has invested in fintech and health tech companies at Series B and other stages. Confirmed African investments between September 2021 and April 2024 include Pezesha in Kenya, Kasha in Rwanda, and Nithio in Nigeria, totaling about 44.5 million dollars.
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