IFC – New Business Ethiopia

Somalia to strengthen private sector growth, encourage investment

November 16, 2020November 16, 2020 newbusinessethiopianews IFC, private sector, Somalia, World Bank Group

IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia

Ethiopia pleads to G20 to rescue African economies

March 24, 2020March 24, 2020 African economies, Argentina, Australia, Brazil, budgetary support, Canada, China, COVID-19, debt, Ethiopia, European Union, France, G20 summit, Germany, global pandemic, IFC, IMF, India, Indonesia, interest payment, Italy, Japan, low income countries, Mexico, Russia, Saudi Arabia, South Africa, South Korea, the United Kingdom, the World Bank, Turkey, United States of America

As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today appeals to

Manufacturing

IFC invests €50 million in Ethiopia’s Habesha Beer

December 25, 2019December 25, 2019 newbusinessethiopianews Dutch banks, Ethiopia, Family Brewers, Habesha Beer, IFC, ING Bank, Rabobank, Royal Swinkels, the World Bank Group

The International Finance Corporation (IFC), a member of the World Bank Group, partners with Habesha Breweries Share Company of Ethiopia

Investment

IFC invests in Ethiopia to boost malt production

October 31, 2019October 31, 2019 Ethiopia, IFC, Soufflet Ethiopia, World Bank

International Finance Corporation (IFC), a member of the World Bank Group, today announced a €20 million investment in Soufflet Malt

Technology

Report forecasts record high telecom investment in Africa

February 12, 2019February 12, 2019 Airtel, BCX, Convergence Partners, CSquared, Dark Fibre Africa, DLA Piper, Ethio Telecom, Ethio Telecom privatization, Ethiopia, Ethiopian Government, European Investment Bank, GreenWish Partners, IFC, Investec Asset Management, MTN, Orange, Paix Data Centres, Rand Merchant Bank, Seacom, telecom market liberalization, TMT Finace, Togocom, Vodacom, WIOCC, World Bank

Following Ethiopian Government decision to liberalize its telecom market by partly privatizing the state owned telecom service provider – Ethio

Agribusiness

Ethiopia’s TruLuv Granola joins Next 100 African Startups

November 29, 2018November 29, 2018 Ethiopia, IFC, TruLuv Granola

The International Finance Corporation (IFC) and the Egyptian Ministry of Investment and International Cooperation (MIIC) have selected Ethiopia’s natural snacks

Investment

IFC applauds Ghana’s business climate

October 9, 2018October 9, 2018 Ghana, IFC, SMEs, World Bank Group

By Malise Otoo – An official of the World Bank Group’s member organization, International Finance Corporations (IFC) applauds Ghana’s business

Energy

IFC set to boost wind energy development in Africa

August 1, 2018August 1, 2018 Africa, Gaia Energy, IFC, World Bank Group

The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with Gaia Energy

Energy

Consortium set to reduce Ugandan electricity costs

July 24, 2018August 1, 2018 Bujagali Energy Limited, electricity, IFC, International Finance Corporation, Uganda

A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million

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