20 results
- 6 Mar 2020
IFC Partners Coronation Merchant Bank to Boost Trade Finance in Nigeria
IFC, a member of the World Bank Group, today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program. This will enable Coronation…
- 21 Dec 2021
Union Bank Joins IFC’s GTFP, Secures $40m to Boost Trade Finance
Union Bank Plc has received finance guarantee facility from the International Finance Corporation (IFC), a member of the World Bank Group that will help boost access to finance for local business,…
- 1 Jul 2020
IFC, Citi Create $800 Million Facility to Boost Trade Finance in Emerging Markets
IFC, a member of the World Bank Group, and Citi have established an $800 million facility to facilitate trade finance in emerging markets, supporting trade flows in developing countries and helping…
- 11 Oct 2020
IFC, Union Bank Partner to Boost Access to Trade Finance in Nigeria
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and…
- 30 Nov 2021
IFC, WTO Agree to Enhance Cooperation on Trade Finance
Ngozi Okonjo Iweala, World Trade Organization, Director-General and Makhtar Diop, IFC Managing Director agreed to enhance cooperation between the two organizations in order to explore ways to improve…
- 28 Jun 2024
IFC Partners Deutsche Bank to Boost Trade Finance in Africa with a Focus on Small, Fragile
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected states, IFC announced a risk-sharing facility with…
- 13 Oct 2020
Union Bank Secures $40m from IFC to Boost Trade
Union Bank said it has received a $40 million facility from the International Finance Corporation (IFC), a member of the World Bank Group, to boost access to finance for local business, increase…
- 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…
- 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…
- 23 Jun 2023
IFC Announces New Projects to Support MSMEs Through the Alliance for Entrepreneurship in Africa
IFC has announced four new projects to support micro, small, and medium-sized enterprises (MSMEs) in Africa and globally. The projects will help businesses address food insecurity across the…
- 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…
- 29 Apr 2026
IFC, Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The World Bank Group, through its private sector arm – the International Finance Corporation (IFC) – and Standard Chartered today announced a new risk sharing facility aimed at strengthening supply…
- 12 Dec 2022
FSDH, IFC to Boost Businesses with $33m Facility
The International Finance Corporation (IFC), has approved a credit facility totalling $35 million in partnership with FSDH Merchant Bank to be used to improve access to finance for medium-scale…
- 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…
- 3 Feb 2014
IFC, IIB to Boost Development in Emerging Markets
International Financial Corporation (IFC) and International Investment Bank (IIB) have agreed on closer collaboration, to provide vital financing to private companies, help boost growth, and create…
- 25 Nov 2024
BoI Raises Over $5Bn Funding, 2Bn Euro Syndications
In its bid to provide adequate funding for Nigeria’s industrial development finance, the Bank of Industry Limited, BoI, has raised over $5 billion in international funding instruments. The bank has…
- 14 Aug 2019
e-Logistics Start-up Kobo360 Secures $30M Funding
Kobo360, the digital technology platform disrupting African third-party logistics, today announced the completion of a $20M Series A equity round led by Goldman Sachs, with participation from Asia…
- 15 Mar 2016
Innovation, Entrepreneurship and Diversification can improve Nigeria’s Economy- Intel Boss
Leading Innovation and Technology giant, Intel has restated its commitment to providing innovative technologies, partnerships, and investments through Intel Capital, and cutting edge products that…
- 14 Jul 2020
TradeDepot Secures Additional $10M to Transform Informal Retail Supply Chain in Nigeria
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women…
- 19 Oct 2025
NITDA DG Urges Harnessing Renewable Energy and Technology for Rural Growth
Kashifu Inuwa, CCIE, the Director General of the National Information Technology Development Agency (NITDA), has reiterated on the vital role of renewable energy and digital innovation in…