Project Grant 9000116961
- The U.S. International Development Finance Corporation (DFC) awarded a $5,000,000 Project Grant under the Project Development program (CFDA 87.101) to Aclara Resources Mineracao LTDA., a foreign-owned for-profit organization based in Brazil, to complete a definitive feasibility study for a heavy rare earth mine in Brazil. The purpose of this grant is to prepare Aclara Resources for a future equity investment by DFC. The performance period for this award is from August 28, 2025 to June 30, 2027.
- The U.S. International Development Finance Corporation (DFC) awarded a $3,000,000 Project Grant under the CFDA 87.101 Project Development program to Millennial Potash Corp., a for-profit organization based in Canada. The grant provides technical assistance to complete a definitive feasibility study for a potash mine in Gabon. The performance period for this project grant runs from June 23, 2025 to January 3, 2026. The Project Development program supports project preparation, capacity building,...
- The U.S. International Development Finance Corporation (DFC) awarded a $237,500 Project Grant under the DFC's Project Development program (CFDA 87.101) to Miscellaneous Foreign Awardees, a Washington, D.C.-based for-profit organization, to provide pre-investment technical assistance and support feasibility studies for new biochar manufacturing facilities in Kenya. The grant aims to mobilize private capital, develop innovative solutions, and address developmental challenges in the region...
- The U.S. International Development Finance Corporation (DFC) awarded a $539,725 Project Grant (CFDA 87.101) to Carbon Ventures Africa LIMITED on December 4, 2024. The grant supports a carbon market-driven project to restore over 100,000 hectares of degraded Miombo forests in the Grand Katanga region of the Democratic Republic of the Congo. The Project Development program grant will fund technical assistance, feasibility studies, and capacity-building initiatives to mobilize private capital and...
- The U.S. International Development Finance Corporation (DFC) has awarded a $500,000 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to SFC Finance LIMITED, a for-profit organization based in Mauritius. The grant will support the provision of environmental, social, governance (ESG), energy, governance, and operational advisory services to 43 portfolio companies in the Africa regional market over a period of 5 years, from July 2024 to May 2029. The...
- The U.S. International Development Finance Corporation (DFC) awarded a $5,000,000 Project Grant (CFDA 87.101 - Project Development) to Globeleq Africa Investments LIMITED on September 20, 2024. The grant will provide technical assistance to support the installation of carbon capture and storage (CCS) technology at the approximately 387 MW expansion of the Temane Gas Power Plant in Mozambique. The goal is to reduce emissions from the power plant expansion project. The DFC's Project Development...
- The U.S. International Development Finance Corporation (DFC) awarded a $1,507,192 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to Solidarite Internationale Pour LE Developpement Et L'Investissement, a for-profit organization based in Paris, France. The grant, awarded on Aug 20, 2024, focuses on providing technical assistance and feasibility studies to microfinance institutions (MFIs) and agricultural entities in Africa, with a performance period from...
- The U.S. International Development Finance Corporation (DFC) awarded a $810,000 Project Grant under its CFDA 87.101 Project Development program to Balloon Ventures LTD, a for-profit organization based in the UK. The grant, awarded on Sep 30, 2024, with a final completion date of Sep 16, 2026, will provide technical assistance to a MSME (Micro, Small, and Medium Enterprise) lender to: 1) scale up its data and credit scoring capabilities, 2) enhance the technical services it provides to its...
- The U.S. International Development Finance Corporation (DFC) awarded a $1,000,000 Project Grant under the DFC's Technical Assistance and Feasibility Studies program (CFDA 87.101) to Barka Investments Clbg, a for-profit organization based in Mauritius. The grant, awarded on September 10, 2024, will provide post-investment technical assistance to potential and existing companies of the Barka Fund, a blended finance vehicle that invests in climate-smart small and medium enterprises (SMEs) in...
- The U.S. International Development Finance Corporation (DFC) awarded a $1,307,199.20 Project Grant under its Project Development program (CFDA 87.101) to Lightsmith Group, LLC, a New York-based limited liability company. The grant, awarded on November 14, 2024, is intended to support the creation of a new scalable platform that will provide the full range of equity, credit, and technical assistance to growth-stage climate adaptation companies. The project has a performance period ending on...
The U.S. International Development Finance Corporation (DFC) awarded a $3,400,000 Project Grant (CFDA 87.101 - Project Development) to Pensana PLC, a for-profit organization based in the United Kingdom. The grant supports a feasibility study for mid-stream processing of rare earth minerals in Angola. The award period spans from September 24, 2024 to September 24, 2026. The DFC's Project Development program provides technical advisory services, feasibility studies, capacity building, and project preparation support to private sector entities focused on addressing developmental challenges in low- and middle-income countries. This grant aims to mobilize private capital and partner with Pensana PLC to develop innovative solutions for rare earth mineral processing in Angola.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $3.4m | 9/24/24 |