The U.S. International Development Finance Corporation (DFC) Board of Directors has approved $1 billion of investments that will advance development in Africa, Latin America, the Indo-Pacific, and emerging markets across the globe. An up to $25 million investment will support Asia Partners I LP, a fund which will invest in businesses introducing innovative technology platforms in Indonesia, Vietnam, the Philippines, and Malaysia. These investments will help reduce costs for SMEs, facilitate trade, and foster innovation.