The International Finance Corporation (IFC) today announced a loan to FirstRand Bank, which will support businesses in the agriculture, services,…
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IFC invests $11.5 billion in Africa in 2023
The International Finance Corporation (IFC) of the World Bank Group provided record financing of $11.5 billion in Africa in 2023,…
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IFC to advance distributed renewable energy in Africa
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) today…
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Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and…
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Consortium set to reduce Ugandan electricity costs
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million…
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Nigeria secures $1 billion for fertilizer plant
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing…
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IFC invests $10 million in Rwanda bank
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a $10 million subordinated loan to…
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Corporation launches Africalease to promote leasing in sub-Saharan Africa
The International Finance Corporation (IFC), a member of the World Bank Group, today formally launches ‘Africalease’, an association that will…
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International Finance Corporation invest in Kenyan startup
The International Finance Corporation (IFC), a member of the World Bank Group, today announced that it led the $8.6 million…
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