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World Bank's IFC ramps up investment amid global uncertainty
- The International Finance Corporation committed over $71 billion in investments in the fiscal year ending June 30, amid global economic uncertainty.
- Investment by the IFC includes over $20 billion for Latin America, $17 billion for Asia, and $15.4 billion for Africa.
- Makhtar Diop, the IFC's managing director, highlights the need for job creation for 1.2 billion young people entering the workforce in developing countries.
- Diop emphasized that the IFC offers risk-mitigation tools and prioritizes sustainability in its projects.
55 Articles
55 Articles
IFC of the World Bank ramps up investment amid global uncertainty
WASHINGTON, United States – While the world economy faces instability from US President Donald Trump’s threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities. The Washington-based IFC — the World Bank’s private sector arm — mobilizes private capital and provides financing to support businesses across emerging economies. Though not widely known outside development circles, t…
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World Bank's IFC ramps up investment amid global uncertainty
While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.
Washington - In a world shaken by Donald Trump's economic policy and the threat of a large-scale commercial war, the International Finance Corporation, the private arm of the World Bank, swims against the tide with a rain of investments. The Washington-based IFC manages private capital to finance companies from emerging economies. Little known outside the economic development sphere, it plays a major role in promoting the private sector within t…
IFC’s Bold Strategy Reshapes Development Finance and Market Dynamics
The International Finance Corporation’s aggressive investment strategy, amid global trade tensions, signals a strategic pivot in development financing and offers a compelling narrative for markets to consider. The IFC’s near-doubling of commitments in three years, reaching over $71 billion, underscores a deliberate shift towards agility and decentralized decision-making. This approach enables the… Source
World Bank Loans Yobe ₦3.8 Billion for Climate-Smart Farming
In a major boost for climate-resilient agriculture, 101 communities in Yobe State, northeastern Nigeria, have each received a non-interest loan of $25,000 (approximately ₦38.3 million) under the World Bank-supported Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. The disbursement forms part of a Community Revolving Fund (CRF) designed to enhance farming productivity and economic sustainability across the region. The announcem…
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