Our Projects

IFC African, Latin American and Caribbean Fund

IFC African, Latin American and Caribbean Fund . ALAC is a sector agnostic fund that makes equity and equity-related investments in companies across Sub-Saharan Africa

Get Price

AVCA

Jun 30, 2021IFC supports The Standard Bank of South Africa with US$185mn loan 30 Jun 2021 IFC, a member of the World Bank Group, today announced a US$185mn loan to The Standard Bank of South Africa Limited (SBSA) to help it expand its COVID-19 lending program to small and medium-sized enterprises (SMEs) and corporates affected by the pandemic.

Get Price

IFC: A Ticket to Recovery: Reinventing Africa's Tourism

South Africa, which welcomed 10 million international tourists in 2021, made local tourism in 2021 a focus of its recovery plan. Rwanda, with advisory support from IFC, is developing a recovery strategy that includes developing local and regional markets.

Get Price

Jindal Africa

CIC Energy's Mmamabula Energy Project ("MEP"), is a planned 1200 megawatt (net) capacity power station and integrated coal mine project in Botswana that is intended to provide power to South Africa. Nonwithstanding the suspension of the MEP as explained below, this project remains the most advanced independent power producer (IPP) project

Get Price

Review: In 'Moffie,' brutal intolerance in '80s South Africa

Apr 07, 2021The main character of Oliver Hermanus' shattering "Moffie, set in 1981 South Africa, is a handsome, white 18-year-old. In the country's system of apartheid, he is a member of the ruling class, but he's no insider. Shy, timid and closeted, Nicholas van der Swart (Kai Luke Brummer) is conscripted into the army as part of regulated military service for white males over 16.

Get Price

The G7 DFIs, the IFC, the

South Africa The Good News. 621 02:00 . The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa 🌏

Get Price

IFC, TIP Partner to Accelerate Deployment of NaaS in

2 IFC, TIP Partner to Accelerate Deployment of NaaS in Emerging Markets. International Finance Corporation (IFC) and the Telecom Infra Project (TIP), recently announced a new partnership that aims to accelerate the deployment of new and more cost effective cellular networks, particularly in areas of the world that are underserved or unconnected.

Get Price

IFC Portfolio Assistant Jobs 2021

Jul 12, 2021IFC South Africa looking for "Portfolio Assistant". Applicants with a Bachelor's degree may apply on or before 22nd July 2021. The International Finance Corporation is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries.

Get Price

IFC and Absa Bank Partner on Africa's First Certified

May 06, 2021Johannesburg, South Africa, May 6, 2021 —Africa's first certified green loan, announced today by IFC to Absa Bank Ltd., will increase funding for biomass and other renewable energy projects in South Africa, supporting the country's power sector and economic recovery from COVID-19.. IFC, a member of the World Bank Group, will provide Absa Bank Ltd., one of Africa's

Get Price

IFC Africa

IFC Africa, Johannesburg, Gauteng. 31,229 likes7 talking about this. IFC promotes sustainable private investment in Sub-Saharan Africa through its Investments and Advisory Services activities.

Get Price

IFC helps South Africa's FirstRand finance green projects

Sep 05, 2021The transaction is part of IFC's broader objective to develop South Africa's climate finance market and to support the Government of South Africa's plan to shift to a lower-carbon economy. South Africa has set the goals of reducing greenhouse-gas emissions by 42% by 2021 and diversifying its electricity production away from coal by 2021.

Get Price

IFC and Rwanda Partner to Develop Vaccine Manufacturing

Sep 28, 2021IFC and the Rwanda Development Board have signed a partnership agreement to develop vaccine manufacturing capacity in Rwanda and contribute to expanding vaccine production in Africa. As part of the partnership, IFC will support Rwanda to conduct diagnostic and feasibility studies to ensure the right technical and policy frameworks needed to

Get Price

DFC, IFC, Proparco, and DEG to Support COVID

May 28, 2021JOHANNESBURG, South Africa – To strengthen Africa's vaccine and pharmaceutical development and to accelerate the continent's recovery from the COVID-19 pandemic, the International Finance Corporation (IFC), Proparco, the German Development Finance Institution (DEG) and the U.S. International Development Finance Corporation (DFC) today announced a partnership to support

Get Price

IFC and IFC Financial Institutions

Mar 17, 2021IFC and the IFC Financial Institutions Growth Fund, have invested in Adumo, South Africa's largest independent payment provider with a presence in 13 African countries. The investment consists of up to $15m in preferred shares to fund the growth of the company. The investment will support Adumo to make digital payment systems more affordable

Get Price

MTN South Africa, World Bank's IFC partner to expand

May 24, 2021MTN South Africa has announced a US$2M partnership with the International Finance Corporation (IFC) of the World Bank to expand its mobile money business. During the COVID-19 pandemic, MTN's mobile money (MoMo) market, like that of other telcos, saw an increase in transaction values and customer numbers, as travel constraints and the

Get Price

Equipment Leasing in Africa

of IFC leasing intervention in the region, is a collaborative e!ort between IFC's Africa Leasing Facility team and the regional association of leasing practitioners, known as Africalease. This handbook, in addition to the past ten years of IFC's leasing work in the region, has been made possible thanks to the

Get Price

South Africa: Nedbank obtains $200 million from IFC to

The IFC loan will help the South African bank to expand its climate finance operations and its portfolio of clients active in renewable energiesThe International Finance Corporation of the World Bank Group (IFC) has entered into a partnership with Nedbank Limited, a subsidiary of the South African banking group Nedbank, to promote the use of renewable energy in South Africa, a

Get Price

MTN teams with IFC in $2 million agent

May 20, 2021MTN South Africa, one of Africa's largest telecommunication operators has partnered with IFC, an arm of the World Bank to invest in MoMo.The deal will unlock $2 million (R28 million) dedicated to its Mobile Money Service. The funds raised will go into the recruitment, enrollment, and training of 10,000 Mobile Money agents.

Get Price

A perspective on the South African flow of funds

240 IFC Bulletin No 33 2. FoF theoretical framework The South African FoF framework presents the data in two dimensional matrices where rows (x) represent transactions and columns represent sectors.Net increases (positive values) y or decreases (negative values) are shown at each cell (xy) to represent flows in transaction x by sector at a specific point in time.

Get Price

Search Publications

Publications aggregator.

Get Price

SME Finance Forum

Sep 29, 2021The SME Finance Forum works to expand access to finance for small and medium businesses. The Forum operates a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.

Get Price

South Africa: Development news, research, data

South Africa's political transition is known as one of the most remarkable political feats of the past century. The ruling African National Congress (ANC) has driven the policy agenda since 1994 until August 2021, when the country held the most competitive local government election since 1994, in which the ANC-lost majority support in four of the metropolitan cities.

Get Price

IFC, Nedbank partner to increase green financing in South

Dec 21, 2021IFC, Nedbank partner to increase green financing in South Africa. The partnership is aimed at helping the country transitiu001fon to cleaner forms of power, reduce greenhouse gas emissions, and create jobs in the renewables sector. IFC will provide Nedbank Limited, a wholly owned subsidiary of Nedbank Group, with a loan of up to USD 200 million

Get Price

South Africa: IFC Loans FirstRand Bank USD 225 Million for

Sep 03, 2021The International Finance Corporation (IFC), a member of the World Bank Group, has announced a loan to FirstRand Bank Limited to enable increased financial and advisory support to energy-efficient and water-smart projects in South Africa, helping the country meet climate emission and other environmental targets.; FirstRand will use the funds to finance green projects for its South

Get Price

WECONNECT INTERNATIONAL AND IFC BRING TOGETHER

Feb 21, 2021WEConnect International will partner with International Finance Corporation (IFC), a member of the World Bank Group, to host a Roundtable Session today in Johannesburg, South Africa entitled "Proven Strategies to Increase Women SME Access to Corporate Value Chains in Africa."

Get Price

IFC backs Absa Bank to create Africa's first green loan

May 07, 2021The International Finance Corporation (IFC) will provide Absa Bank a loan of up to $150 million to create Africa's first certified green loan. This will support Absa's strategy to expand its climate finance business and help South Africa meet its greenhouse gas reduction targets. The loan increases funding for biomass and other renewable

Get Price

IFC and CDP support expansion of Italian automotive

Nov 16, 2021The financing package, which includes US$95mn from IFC and US$56mn from CDP, will primarily support CLN's plans to modernise and expand local production of advanced automotive components for leading car manufacturers in South Africa. The project will boost South Africa's automotive industry by increasing value addition through increased

Get Price

IFC

Africa: IFC invests $63m in affordable housing. The International Finance Corporation (IFC), the largest global development institution, said it had invested more than $63m in a housing solutions fund for the support and development of affordable housing in sub-Saharan Africa.

Get Price

South Africa / Tsodilo

Apr 22, 2021IFC Project NameNumber Tsodilo 29378 Department Oil, Gas, Mining,Chemicals Company Tsodilo Resources Sector Mining Region Sub-Saharan Africa Country South Africa Environmental Category B Commitment Up to US$10.47 million equity

Get Price

MTN South Africa teams up with World Bank's IFC on mobile

May 19, 2021MTN South Africa and IFC will recruit 10,000 MoMo agents in 2021 and a team of trade development representative will be created and trained to manage a

Get Price

South Africa: IFC Extends $200m Loan to Nedbank to

South Africa, January, 04 2021 - The IFC will provide Nedbank with a loan of up to $200-million to help it expand its green finance operations and grow its climate portfolio by funding renewable energy projects. The International Finance Corporation (IFC), a member of the World Bank Group, and Nedbank have partnered to increase financing for renewable energy projects in South Africa in an

Get Price

World Bank's IFC could fund controversial powerships in

May 12, 2021World Bank's International Finance Corporation is interested in funding emergency energy providers in South Africa. This could include Karpowership, the Turkish supplier of gas-fired power plants on ships. The potential involvement of the IFC comes as environmental groups pressure investors to halt investment in fossil fuels.

Get Price