USAID, a state-owned entity headquartered in the US, was founded in 1961 with approximately 15,730 employees and is focused on International Affairs. It functions as a U.S. government agency providing foreign aid.

Revenue

Founded

1961

Headcount

14,450

Headquarters

United States

Primary Segment

International Affairs

Ownership

State Owned

News Summary:

The U.S. is shifting its support strategy in the Pacific, prioritizing private-sector development over direct aid, with the State Department's Deputy Assistant Secretary Matt Murray confirming expanded commercial diplomacy to promote trade on September 16, 2026. Previously, on September 15, the United States Agency for International Development (USAID) Office of Inspector General closed an investigation into alleged fraud involving a Venezuelan organization and the United Nations, which resulted in a $393,000 loss for Venezuela. USAID's OIG cited a lack of cooperation from the international intergovernmental organization after it gave fraud findings to the Maduro government, not U.S. investigators. Earlier, on September 11, the FBI visited Nigeria's Economic and Financial Crimes Commission (EFCC) in Lagos to request collaboration on investigating funds linked to U.S. government-supported programs, focusing on money allocated to HIV and tuberculosis interventions.
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