August 30

• Africa: Helping Singapore-Based Companies Invest in Africa

  IFC, a member of the World Bank Group, and International Enterprise Singapore, part of the Ministry of Trade and Industry, signed a memorandum of understanding on Thursday to... Read more »

July 24

• Ghana: U.S.$80 Million Invested in Power Plant Expansion [press release]

  IFC, a member of the World Bank Group, is providing an $80 million loan to Takoradi International Company (TICO), to help expand its gas-fired Takoradi 2 power plant ("T2") in... Read more »

June 13

• Africa: U.S. $35 Million to Boost Continent's ICT Infrastructure

  IFC, a member of the World Bank Group, today announced an equity investment of $35 million in the Convergence Partners Communications Infrastructure Fund to support more rapid... Read more »

June 12

• Africa: IFC and Norway's Scatec Solar to Develop Solar Power in West and Central Africa

  IFC, a member of the World Bank Group, and Scatec Solar, a Norwegian company specializing in photovoltaic solar systems, have signed an agreement to develop solar power projects... Read more »

June 11

• Zambia: $30 Million Investment to Support Zambeef Expansion

  IFC, a member of the World Bank Group, today announced an investment of $30 million, partially denominated in Zambian Kwacha, to support the expansion of Zambeef Products Plc in... Read more »

June 6

• Africa: Capacity Conference Aims to Boost Continent's Sanitation Services

  IFC, a member of the World Bank Group, is hosting a conference that will bring together 125 participants from across Sub-Saharan Africa to help increase the capacity of key policy... Read more »

June 5

• South Africa: Investment Helps Expand Insurance Access for Low-Income Citizens

  IFC, a member of the World Bank Group, agreed today to make an equity investment of up to ZAR 170 million (approximately $20 million) in Assupol Holdings Limited, the holding... Read more »

May 17

• Tunisia: Private Education Can Contribute to Nation's Economic Future - Study

  About 1.6 million youths will enter Tunisia's labor force over the next decade and private education providers could help many of these young people find rewarding, well-paying... Read more »

May 7

• Africa: Partnership Launched to Improve Financial Services for Millions [press release]

  IFC, a member of the World Bank Group, and The MasterCard Foundation today launched a partnership to increase access to financial services for an estimated 5.3 million people in... Read more »

February 22

• Africa: IFC, UK Initiative to Bolster Health Public-Private Partnerships in Low-Income Countries

  IFC, a member of the World Bank Group, and the United Kingdom Department for International Development (DFID) signed a memorandum of understanding to support advisory services for... Read more »

January 27

• Nigeria: IFC Partners with Advans S.A. to Set Up Microfinance Bank in Oyo State [press release]

  IFC, a member of the World Bank Group, is investing $1.1 million (174.5 million Nigerian naira) alongside Advans S.A., German development bank KfW, and Dutch development bank FMO... Read more »

August 3, 2011

• East Africa: IFC, Global Lenders Finance Kenya-Uganda Railway, Supporting Regional Economic Integration [press release]

  IFC, a member of the World Bank Group, along with six leading international finance institutions, today extended $164million in financing to Rift Valley Railways International... Read more »

June 30, 2011

• South Africa: IFC Invests in Nation's Mercantile Bank to Promote SMEs, Energy Efficiency [press release]

  IFC, a member of the World Bank Group, is mobilizing an equivalent of up to 50 million Euros in South African Rand financing for  Mercantile Bank to help it increase its... Read more »

March 30, 2011

• Burkina Faso: IFC Invests in Banque de l?Habitat to Improve Access to Housing Finance [press release]

  IFC, a member of the World Bank Group, today signed an agreement with Banque de l’Habitat du Burkina Faso to support housing finance, a key sector in the country. IFC will... Read more »

February 8, 2011

• Africa: IFC to Boost Financing and Community Development Support for Mining Companies in Continent [press release]

  IFC, a member of the World Bank Group, today announced it plans to invest $300 million in mining companies operating in Africa over the next three years to help support growth in... Read more »

December 3, 2010

• East Africa: IFC Backs Training Program to Strengthen Regional Securities Markets [press release]

  IFC, a member of the World Bank Group, and the Securities Industry Training Institute (SITI) today signed an agreement that will broaden training opportunities for market... Read more »