The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., USA. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.
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The company has not participated in any projects.
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Africa50 has achieved the first close for the Infrastructure Acceleration Fund, securing US$222.5 million in commitments. Africa50-IAF has garnered the involvement of 16 African institutional investo...
Read moreThe International Finance Corporation (IFC) has signed a US$80 million financing package to bolster the Facility for Energy Inclusion (FEI), a pan-African fund dedicated to advancing small-scale decen...
Read moreThe government of Mozambique has signed partnership agreements with the EDF-led consortium for the implementation of the USD 5 billion Mphanda Nkuwa hydropower project in the Tete Province, north...
Read moreScatec ASA has reached financial close on the first 60 MW of the 120 MW Mmadinare Solar Complex in Botswana. In Q3 of 2023, Scatec secured a 60 MW expansion to the project, increasing the total capac...
Read moreAMEA Power announced that it has reached financial close on its 120 MW solar PV project located in Kairouan governorate, Tunisia. This solar facility is being executed by Kairouan Solar Plant, a proj...
Read moreThe European Bank for Reconstruction and Development (EBRD) has announced that it will be providing EUR29 million (US$32 million) in financing to an Albanian special-purpose vehicle which is owned by...
Read moreThe International Finance Corporation (IFC) has granted a sustainable loan worth US$160 million to Produbanco, one of the top banks in Ecuador. The loan is aimed at promoting the blue econom...
Read moreJERA Co. Inc. has completed the acquisition of a 35.1% stake in Gia Lai Electricity JSC (GEC) from the energy development arm of TTC Group. The acquisition was made through a full buy-out of the GEC s...
Read moreRgreen Invest and Echosys have announced the first closing of their new Afrigreen Debt Impact Fund, aimed at financing solar power production across Africa. The first closing, totaling EUR87.5 million...
Read moreMasdar, together with Finnish investment and asset management group Taaleri, has started the commercial operation of the 200 MW Baynouna Solar Photovoltaic Park located near the capital city of A...
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