startups Article / Blog :
$100 million US-DFC fund for entrepreneurs in Morocco and North Africa

million us dfc fund for entrepreneurs in moro

- a US initiative promoting trade and investment across Africa between the African continent and the United States. It will be headquartered in Rabat, Morocco, and focus its investments drive in French-speaking countries.

Prosper Africa office is the first of its kind across Morocco and will easily convert the country into a regional economic hub. Prosper Africa will give North Africa and sub-Saharan countries over $500 million in funding over a 5-year period.

DFC will cooperate with agencies such as USAID (US Agency for International Development) to create employment and oversee billions worth of export and investments.