USAID Promotes Public-Private Partnerships in High-Risk Markets

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U.S. development aid has long been characterized by public sector funding of socio-economic, political and security projects in the developing and underdeveloped world. Over the past few years, however, the United States Agency for International Development (USAID) has begun a number of programs that are being financed by private capital. Among them, in 2011, USAID launched the Private Capital Group for Africa, aiming to generate more than $500 million in private investments to assist small and medium enterprises (SMEs) in sub-Saharan Africa, and the African Agricultural Capital Fund to invest $25 million specifically in agricultural SMEs in East Africa. Last […]

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