Most Recent News

IFC Set To Invest $100million In DTB To Fund SMEs

The International Finance Corporation (IFC) is set to invest $100million in Diamond Trust Bank (DTB) to support businesses impacted by the Covid-19 pandemic in East Africa. The IFC disclosed that.

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Malawi, Scatec JV and EDF sign agreement to develop Mpatamanga hydropower plant

The Government of Malawi and International Financial Corporation (IFC), Scatec and a British Integrated Energy Company (Electricity de France) EDF signed on Tuesday entered a commercial agreement under Malawi’s Public-Private.

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International Finance Corporation Partners with Fouta Cement to Support Manufacturing and Construction in Liberia

In furtherance of President Weah’s agender to revitalise Liberia’s economy and promote investment, the International Finance Corporation IFC has announced a partnership with Fouta Cement Corporation (Fouta Cement), Liberia’s second-largest.

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International Finance Corporation Invests $5.6 Billion for Private Sector Development in Africa and the Middle East to Address the COVID-19 Pandemic

International Finance Corporation – IFC, a member of the World Bank Group, committed $5.6 billion to private sector development in the Middle East and sub-Saharan Africa in the fiscal year.

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IFC, Attijari bank to support SMEs and energy financing in Tunisia

IFC, a member of the World Bank Group, is providing a €40 million subordinated loan to Attijari bank Tunisia, a leading private bank in Tunisia, part of the Attijariwafa bank.

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IFC, Al Amana boost access to finance for small businesses in Morocco

IFC, a member of the World Bank Group, is strengthening its partnership with Al Amana, Morocco’s largest microfinance institution, to increase funding for micro- and small-scale entrepreneurs, enabling their businesses.

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World Bank’s IFC, Egypt sign deal to support Africa start-ups

The World Bank’s private sector arm has signed on Thursday an agreement with Egyptian government aimed at supporting young entrepreneurs and start-ups in Africa to drive innovation and economic growth..

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