Shibbir Ahmed, WASHINGTON, D.C. — The U.S. International Development Finance Corporation (DFC) Board of Directors has approved more than $8 billion in new investments aimed at expanding U.S. exports, strengthening critical infrastructure and energy security, and supporting American technology and businesses in international markets.

The DFC said the investments include projects in Ukraine, Jordan, Sub-Saharan Africa and emerging markets, with additional support for critical minerals in West Africa. The agency described the package as part of its effort to advance U.S. economic and national security interests.

One major component will support U.S. exports to emerging markets through a counter-guarantee for the International Finance Corporation’s Global Trade Finance Program. The arrangement is designed to help foreign banks expand trade-finance capacity and facilitate purchases of American goods.

In Ukraine, DFC will provide financing to Vodafone Ukraine to strengthen telecommunications infrastructure, including the development of secure and reliable 5G networks. The agency also approved financing for a 200-megawatt/400-megawatt-hour battery energy storage portfolio across six Ukrainian sites. The project, developed by DTEK with technology from U.S.-based Fluence, is designed to improve the stability and resilience of Ukraine’s electricity grid. DFC said the storage system could provide enough power for approximately 600,000 homes for two hours.

In Jordan, DFC approved a loan for the National Carrier Project Company to support construction, operation and maintenance of a seawater desalination plant and water-conveyance system. Political-risk insurance will also be provided for equity investors Meridiam and Suez.

In Sub-Saharan Africa, DFC will make an equity investment in WIOCC Group to expand digital infrastructure across the continent. WIOCC operates telecommunications, data-center and fiber-network infrastructure spanning 30 African countries, according to DFC.

DFC is also supporting a critical-minerals project in West Africa. The agency said some additional transactions remain confidential because of commercial sensitivities and may require further steps, including congressional notification, before they can be formally committed and closed.

Shibbir Ahmed, Washington DC: President Donald Trump has issued a new executive order changing how certain authorities under the Defense Production Act are delegated, giving both the Interior and Energy secretaries independent authority over energy-related matters.

The White House announced the order on September 8, saying it amends an earlier executive order governing national defense resource preparedness and updates delegations of presidential authority under the Defense Production Act.

Under the new order, the Secretary of the Interior and the Secretary of Energy may independently exercise delegated authority over forms of energy under their respective purviews. Previously, those responsibilities were delegated to the Energy secretary.

The order also establishes a process for resolving disputes between the two departments. Energy-related disputes will generally be referred first to the National Energy Dominance Council. If a matter involves national defense infrastructure or military operations, it will also be referred to the National Security Council, with coordination involving the Department of War.

Trump’s order further gives the Interior, Commerce and Energy secretaries independent authority to exercise certain presidential powers under the Defense Production Act.

The changes are part of the administration’s broader effort to reorganize federal authority over energy resources and strengthen coordination between energy policy and national security.

The Defense Production Act gives the president broad powers to support national defense by influencing the production, allocation and distribution of critical resources. The law has also been used to strengthen domestic supply chains for strategically important materials and industries.

The White House said the latest order must be implemented in accordance with applicable law and subject to the availability of appropriated funds. The administration previously adjusted Defense Production Act delegations in March, when Trump gave the Energy secretary independent authority alongside the Commerce secretary over certain powers under the law.