JUST RELEASED: IFC delivered record-breaking impact in Fiscal Year 2024—showcasing our transformation as an institution and our unique ability to mobilize the private sector as a force for good on an unprecedented scale. We are laser-focused on our priorities – scaling climate solutions, accelerating gender equality, bolstering food security, pioneering digital innovations, and mobilizing billions in new capital. With a historic commitment of $55.8B, an exceptional year-on-year increase, our investments in FY24 speak volumes on The World Bank Group’s commitment to end poverty on a livable planet.
IFC - International Finance Corporation
Financial Services
Washington, DC 770,263 followers
About us
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges. Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment. IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources. For more information, visit www.ifc.org.
- Website
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http://www.ifc.org
External link for IFC - International Finance Corporation
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Washington, DC
- Type
- Privately Held
- Specialties
- IFC Investment Services, IFC Advisory Services, IFC Asset Management Company, private sector development, development finance, private equity, and resource mobilization
Locations
Employees at IFC - International Finance Corporation
Updates
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At United Exports' farms in South Africa, women are breaking barriers and redefining leadership roles in agribusiness. With almost 60% of their workforce being women, primarily in entry-level positions, United Exports is committed to promoting more women into management roles. Thanks to the Gender and Equality Returns (#GEAR) training program by IFC, these women are discovering their voices and unlocking their leadership potential. Read more about the stories of the four women who took part: http://wrld.bg/ZEVc50SxWGS
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IFC - International Finance Corporation reposted this
At IFC - International Finance Corporation we're committed to unlocking #PrivateSector potential to address development challenges in Africa and beyond. In fiscal year 2024, we invested a historic $55.8 billion, and we were able to mobilize $22.5 billion from other investors and partners. From expanding clean energy access to empowering women entrepreneurs and providing vital digital infrastructure, our projects created measurable gains in critical development areas. Learn more about the innovation & collaboration being deployed at IFC to unlock the private sector's full potential to drive development. ➡ http://wrld.bg/L9Zy50SzfRB #IFCimpact
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Please join us for our Junior Professional Associates Program (JPA) Webinar. We will discuss World Bank career opportunities available through the program, qualifications and attributes we seek in potential candidates, and how to excel in the application process. Additionally, there will be a dedicated segment to address questions from the audience. Register on the links below: July 24th at 7 am EST: https://lnkd.in/e7Std5is July 31st at 12 pm EST: https://lnkd.in/euC4Hwtq Mabel Udoh Marietou Toure Anna Frick Cédric BENGUE #recruitment
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IFC is delivering impact and scaling solutions for the world’s toughest challenges, combining record investment volumes with groundbreaking innovations to mobilize private capital for impact. From expanding clean energy access to empowering women entrepreneurs to providing vital digital infrastructure, our projects created measurable gains in critical development priorities, as reflected in the new World Bank Group Scorecard. Together with our partners and clients we are demonstrating the immense potential of the private sector to shape a more inclusive and sustainable future. http://wrld.bg/L9Zy50SzfRB #IFCimpact
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The province of #Essaouira has great economic potential, including in the agriculture, ecotourism, and creative and cultural industries. The private sector can help unlock this potential. To support the region's economic development, IFC is partnering with the Marrakech-Safi Regional Investment Center (Marrakech Invest) to host the Essaouira Investor Day on July 23. More than 250 participants – including high-level private sector representatives and key decision-makers—are expected to attend the event, which will be held in the city of Essaouira. Participants will include Mr. André Azoulay, Advisor to His Majesty the King; members of the Moroccan government, including Mr. Mohcine Jazouli, Minister Delegate in Charge of Investment, Convergence and Evaluation of Public Policies; Mr. Khalid Ait Taleb, Minister of Health and Social Protection; Mr. Mohammed Abdeljalil, Minister of Transport and Logistics; Mr. Nizar Baraka, Minister of Equipment & Water; and Mrs. Ghita Mezzour, PhD, Delegate-Minister to the Head of Government in charge of Digital Transition and Administration Reform. Local and international investors, and other partners will discuss and learn more about private investment opportunities in this key region of Morocco. #IFCinMorocco #Morocco #Essaouira #sustainabledevelopment #sustainableagriculture #ecotourism #creativeindustries IFC Africa
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IFC - International Finance Corporation reposted this
I’m pleased to share that under a new agreement, Citi will provide IFC - International Finance Corporation with access to $65 million equivalent Kenyan shillings to expand digital infrastructure in Kenya. As we see rising currency volatility and debt distress, the need for local currency financing grows even more important. Thanks to our partnership with Citi, IFC can expand its ability to source local currency financing and deliver solutions that protect our clients from currency fluctuations. This collaboration marks a big stride in tackling currency challenges and debt distress in emerging markets, with potential to inspire similar efforts across Africa and elsewhere. Read more: https://lnkd.in/e7GizE9p Keshav Gaur Mary Porter Peschka Martin Habel Soumya Banerjee Amena Arif Anne-Kirstine Moeller Jes Chonzi #localcurrency #digitalinfrastructure #kenya
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Credit guarantees, trade finance guarantees, and political risk insurance, the new World Bank Group guarantee platform provides solutions for public and private projects. It will catalyze private investment in #emergingmarkets. http://wrld.bg/6fpK50SzOHT
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IFC - International Finance Corporation reposted this
Another record year for IFC - International Finance Corporation with $55.8B committed to emerging markets in FY24, an almost 30% increase year-on-year. Proud to see IFC's significant contribution to The World Bank Group's overall results. Together, we’ll continue leveraging our diverse skills to offer the best solutions for global challenges. We focus on delivering #impact, particularly in climate, gender, and food security.
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From DRC's mini-grid to Senegal's electric bus transit, guarantees are vital for sustainable infrastructure and energy access goals. Learn how The World Bank Group’s new guarantees platform is designed to mobilize private capital to tackle development challenges: http://wrld.bg/Na9Y50SBKEi MIGA