30 results
- 30 Mar 2015
IFC Commits $200m to Invest in Emerging Markets
IFC, a member of the World Bank Group, has committed up to $200 million to the IFC Financial Institutions Growth Fund (FIG Fund). The FIG Fund’s mandate is to make equity investments alongside IFC in…
- 30 Nov 2023
IFC Issues $1.5B Social Bond to Support Low Income Communities in Emerging Markets
IFC issued a three-year social bond, raising $1.5 billion to support low-income communities in emerging markets. The transaction represents IFC's largest ever social bond, with its largest ever order…
- 7 Jan 2019
IFC to Help Lagos State Improve Municipal Infrastructure, Increase Revenues
IFC, a member of the World Bank Group, and Lagos State government announced a memorandum of understanding under which IFC will seek to provide advisory services to enhance infrastructure development…
- 19 Sept 2024
IFC, Airtel Africa Partner to Increase Access to High-speed Mobile Connectivity in sub-Saharan Africa
IFC has provided new financing to three of Airtel Africa plc's subsidiaries with the aim of bringing high-speed mobile connectivity to more than 37 million subscribers in sub-Saharan Africa. IFC's…
- 27 Feb 2024
IFC Unveils 100 Women Start-ups to Receive Growth Support Through She Wins Africa
IFC has announced the names of 100 women-led startup owners selected to participate in the She Wins Africa program, an IFC-led initiative that aims to accelerate access to capital for women-led…
- 11 Mar 2015
IFC Launches the Lighting Africa Program for Nigeria
IFC, a member of the World Bank Group, has launched the Lighting Africa program for Nigeria, a joint initiative of IFC and the World Bank, will help increase access to affordable, clean and safer…
- 25 Jan 2018
IFC Uses Innovative Tool to Help Unlock $500M Investment in West Africa
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, announced yesterday the completion of a $9 million investment that aims to…
- 23 Mar 2016
IFC, Ecobank, Other Partner to Boost SME Finance Across Africa
IFC, a member of the World Bank Group, the European Investment Bank (EIB) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group and leading pan-African full-service…
- 9 Feb 2022
IFC Invests in AXIAN Telecom Bond to Support Digital Connectivity in Africa
To scale up access to quality mobile connectivity for millions of individuals and businesses across Africa and to further support the continent's digital economy, IFC has invested in a maiden bond…
- 6 Dec 2022
IFC Approves Loan to Airtel Africa to Support Mobile Internet Connectivity Expansion Across Africa
To support universal and affordable broadband access in Africa, and the opportunities that come with increased connectivity, IFC yesterday announced a loan to Airtel Africa to help connect millions…
- 7 Aug 2013
IFC to Launch $1Bn Bond to Support Nigeria’s Capital Markets
IFC, a member of the World Bank Group, is working with the Securities and Exchange Commission (SEC) in Nigeria to launch the first long-term, local-currency bond program in the country. The programme…
- 6 Jul 2022
IFC Invests in Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d'Ivoire, IFC today announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d'Ivoire S.A., mobile money…
- 25 Jul 2022
IFC Invests $9.4 Billion for Private Sector Development in Africa
IFC provided record financing in Africa in fiscal year 2022 helping to develop regional pharmaceutical manufacturing, increase intra-Africa trade, expand access to climate financing, and strengthen…
- 5 Oct 2016
IFC Launches Platform to Mobilize $5Bn for Investments in Emerging Markets
IFC, a member of the World Bank Group, has launched an innovative program that aims to raise $5 billion from global institutional investors to modernize infrastructure in emerging markets over the…
- 15 Jul 2019
IFC, Citibank Provide $1.2 Billion to Support Trade in Emerging Markets
IFC, a member of the World Bank Group, and Citi announced the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic…
- 30 Oct 2014
IFC partners FCMB Bank to Develop Smaller Businesses in Nigeria
IFC, a member of the World Bank Group, has announced an $87.5 million loan to Nigerian bank FCMB that will help fund infrastructure, green energy projects, and strengthen smaller businesses in the…
- 5 Nov 2025
IFC Unveils $310M Investments to Support Smaller Businesses and Advance Job Creation
IFC has announced investments totaling $310 million in projects that will support the growth of smaller businesses and job creation across several African countries. The projects were announced at…
- 23 Jul 2018
IFC, Citibank Provide $1.2B to Support Trade in Emerging Markets
IFC and Citi announced yesterday the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic development. This initiative…
- 4 Apr 2023
IFC, Bank of Africa Group Deepen Partnership to Boost SME Financing in Africa
To support economic activity and job creation in 10 countries across sub-Saharan Africa, IFC announced an investment in a risk-sharing facility for the Bank of Africa Group (BOA) that will ease…
- 2 Mar 2020
IFC, Union Bank to Support Nigerian SMEs & Women-led Businesses
IFC, a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in…
- 5 Mar 2014
IFC, Goldman Sachs Launch $600M Global Facility for Female Entrepreneurs
IFC, a member of the World Bank Group, and Goldman Sachs 10,000 Women program launched a $600 million global facility that will increase access to finance to as many as 100,000 women entrepreneurs in…
- 25 Sept 2025
IFC Provides Local Currency Support to Access Bank to Expand SME Lending
To help address financing gaps, strengthen private sector growth, and promote inclusive economic development in Sierra Leone, IFC announced a partnership with Access Bank (Sierra Leone) Ltd (ABSL) to…
- 23 Jan 2014
IFC Invests in Nigeria to Expand Microenterprises
IFC, a member of the World Bank Group, has signed an agreement to invest N650 million (about $4 million) in Nigerian microfinance institution Grooming Centre to increase access to finance for up to…
- 5 Jun 2023
IFC, Partners Support BUA with $500M Facility to Boost Industrialization, Jobs in Nigeria and Sahel
IFC yesterday made its largest-ever investment in northern Nigeria, providing a financing package alongside African and European partners to BUA Cement Plc to help the company part-finance and…
- 14 Apr 2014
IFC, Switzerland Sign Pact for Corporate Governance in Sub-Saharan Africa
Switzerland has agreed to contribute up to $18 million to IFC initiatives aimed at strengthening corporate governance practices in Sub-Saharan Africa. It is part of a larger agreement that will…
- 25 Mar 2014
IFC Tasks African Banks on Risk Management
Saadia Khairi, vice president and chief risk officer, IFC has said that African banks aspiring to rapid expansion can become more stable and profitable by increasing their focus on risk management…
- 28 Sept 2021
IFC, Telecom Infra Project Partner to Advance Digital Connectivity in Emerging Markets
International Finance Corporation (IFC) and the Telecom Infra Project (TIP), a global community of companies and organizations focused on infrastructure solutions to advance connectivity worldwide,…
- 7 Feb 2024
BoI, IFC Partner to Enhance Finance Accessibility, Export Credit
The Bank of Industry (BoI) and the International Finance Corporation (IFC) have partnered to enhance the accessibility of finance and export credit, contributing to the advancement of Nigeria’s…
- 17 Jun 2020
IFC Invests in Zenith Bank to Support SMEs
IFC, a member of the World Bank Group, has announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been…
- 14 Nov 2017
IFC Moves to Unlock Potential of African SMEs
IFC, a member of the World Bank Group, is partnering with public and private sector actors to support the development of small and medium sized enterprises to address the employment crisis and…