International Finance Corporation – New Business Ethiopia

IFC to advance distributed renewable energy in Africa

June 16, 2021BEHAK

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) today announced a new partnership.

Innovative finance, new technology connect underserved populations

October 15, 2018October 15, 2018

New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (AfDB).

Consortium set to reduce Ugandan electricity costs

July 24, 2018August 1, 2018

A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda.

Nigeria secures $1 billion for fertilizer plant

June 22, 2018June 22, 2018

The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria, a subsidiary of Indorama Corporation. The funding will be used for, for the construction of a new fertilizer line that will expand its capacity of urea fertilizer […]