30 results
- 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…
- 24 Oct 2019
Standard Chartered, IFC Create $1B Facility to Boost Trade Finance in Emerging Markets
Standard Chartered and International Financial Corporation (IFC), a member of the World Bank Group, have established a US$1.0 billion facility to boost trade finance in emerging markets, helping to…
- 10 Dec 2023
NITDA, IFC Partner to Build Strong Institutions, Sustainability of Nigeria Digital Economy
National Information Technology Development Agency (NITDA) is set to collaborate with the International Financial Corporation (IFC) by co-creating robust regulatory frameworks in implementing…
- 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…
- 10 May 2020
IFC, CIBN Partner On Sustainable Banking Certification Programme
The International Finance Corporation (IFC), has collaborated with the Chartered Institute of Bankers of Nigeria (CIBN) on capacity building and certification on sustainable banking in Nigeria Mr.…
- 14 Dec 2022
Bank of Industry, IFC Partner to Empower MSMEs
The International Finance Corporation (IFC) and the Bank of Industry (BoI) have partnered to strengthen trade and boost access to finance for micro, small and medium-sized enterprises (MSMEs) in…
- 24 Nov 2022
NGX, IFC Sign MoU to Deepened Green Bond Sustainability in Nigerian Capital Markets
Nigerian Exchange Limited (NGX) and International Finance Corporation (IFC), have signed a Memorandum of Understanding (MoU) to further deepened green bond sustainability in Nigerian capital markets.…
- 9 Dec 2021
Access Bank, IFC Empowers 100 Female Entrepreneurs Across Africa
Access Bank Plc and the International Finance Corporation (IFC) have empowered 100 female entrepreneurs across Africa who graduated from the bank’s ‘W’ Womenpreneur pitch-a-ton Africa initiative. The…
- 8 Feb 2022
IFC Targets $10bn Investments in Africa Annually
The International Finance Corporation (IFC) plans to ramp up its new investments in Africa to $10 billion annually in support of businesses that will help drive economic recovery and growth on the…
- 18 Sept 2014
IFC, Lafarge sign Deal for 260MW Power Plant
The International Finance Corporation (IFC), a subsidiary of the World Bank, and cement giant, Lafarge Nigeria Limited have signed a financing deal for the construction of a 260 Megawatts power plant…
- 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…
- 16 Nov 2022
CBN, World Bank Partner to Drive Access to Credit for MSMEs in Nigeria
National Collateral Registry (NRC), a financial infrastructure set up by the Central Bank of Nigeria (CBN) and International Finance Corporation (IFC), a World Bank group have expressed readiness to…
- 13 Oct 2022
Improved Access to Affordable Trade Finance Could Increase Exports & Imports by $26B Annually in West Africa - IFC and WTO Study
Lowering trade finance costs could provide billions in economic benefits in four West African countries, according to a new report released today by the International Finance Corporation (IFC) and…
- 10 Feb 2022
IFC, World Bank to Help Nigeria Pave the Way for Domestic Carbon Storage
The International Finance Corporation (IFC) and the World Bank have begun to work with the Government of Nigeria to develop a domestic market for carbon capture, utilization, and storage for…
- 20 Apr 2018
SEC Partners IFC, AFDB to Boost Sukuk Bond Investment
The Securities and Exchange Commission (SEC) yesterday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AfDB) for development of Sukuk bond investment.…
- 25 Mar 2022
Airtel Africa Seeks US$194m from IFC to Invest in Network Expansion
Airtel Africa has proposed to raise US$194-million through debt from the World Bank’s International Finance Corporation (IFC) to initiate network investment across seven subsidiaries and refinance…
- 16 Jun 2021
More than 50% of Jumia Sellers in Nigeria, Kenya are Women Entrepreneurs
Jumia collaborated with the International Finance Corporation (IFC), alongside the European Commission and Kantar Public, on a report titled Women and e-commerce in Africa, the first research of its…
- 20 Jun 2019
How Digital Technology Has Redefined the MSME Sector
By Adeniyi Ogunfowoke, The MSME sector is the backbone of Nigeria's economy. Studies by the International Finance Corporation (IFC) show that approximately 96% of Nigerian businesses are MSMEs,…
- 27 May 2021
Women Can Add $14.58Bn to E-Commerce in Africa - Report
A new report, published yesterday by the International Finance Corporation (IFC) in partnership with Africa’s leading e-commerce firm Jumia, has said Africa’s e-commerce market could grow by more…
- 6 Nov 2015
IFC Nigeria’s Portfolio Fits $1.7Bn
Mrs. Eme Essien Lore, country manager, IFC Nigeria, has said that International Finance Corporation’s total portfolio in Nigeria stood at 1.7 billion dollars (N334.87 billion). Lore made the…
- 23 Dec 2015
AfDB Commits $1Bn in Power, Infrastructure in Africa
The Bank Group has devoted approximately $1 billion to supporting power and infrastructure in Africa in 2015, which the Private Sector Department (OPSD) experts describe as “an unprecedented record…
- 24 Jul 2019
SMEs as a Key Driver to Economic Growth in an Emerging Market
Adewale A. Adeyipo In spite of the harsh economic conditions Nigeria is faced with, recent trends have shown there are opportunities for growth of the SME Industry in Nigeria. As reported by Nigeria…
- 2 Aug 2010
CBN Pumps N130 Billion into Real Sector
The Central Bank of Nigeria (CBN) has released over N130 billion to small and medium scale enterprises (SMEs) through the Bank of Industry (BOI). The fund will be accessed through authorized…
- 9 Feb 2025
FG, World Bank Seek Capital Market Solutions for Infrastructure Funding
The World Bank has said that it is planning to introduce its joint capital markets programme (J-CAP) in Nigeria. The J-Cap, a World Bank initiative, helps developing economies strengthen their…
- 21 Jan 2015
World Bank Group to Help Develop Innovative Index-Insurance Solutions Globally
The Global Index Insurance Facility (GIIF), an innovative program managed by the World Bank Group, has launched indexinsuranceforum.org, an online knowledge platform for index-insurance practitioners…
- 19 Mar 2026
World Bank Debars 3 PwC Subsidiaries for 21 Months over Alleged Project Fraud
World Bank Group has debarred three African subsidiaries of global advisory firm, PricewaterhouseCoopers (PwC), for 21 months after being allegedly found guilty of manipulating procurement processes…
- 12 Mar 2021
Coca-cola Empowers Over 2 Million Women Entrepreneurs Across Africa through 5by20 Initiative
The Coca-Cola Company and its partners are proud to celebrate exceeding our 5by20 goal by enabling the economic empowerment of more than 6 million women around the world. 34% (just over 2 million) of…
- 4 May 2016
Swift Networks Invests in Next-Gen Networking Technologies
Swift Networks has said that since inception it has invested heavily in “next generation” networking technologies to build a multi-service network platform. The company holds an exclusive wireless…
- 15 Dec 2008
Swift Networks Ups Internet Speed by 45 Per cent
Swift Networks , broadband Internet service provider, has embarked on massive upgrade of it network capacity aimed at improving service quality as well as expanding its coverage in Lagos area. The…