Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
At the Summit, African governments, civil society, and youth will take the stage to voice their ambitions and call for even greater support from the International Development Association (IDA).
A new set of figures, published in March by the Global Emerging Markets Risk Database Consortium (GEMs), show that default and recovery rates in emerging market companies compare favourably with those experienced in other asset classes.
The volatility of currency markets poses a significant risk to African businesses, increasing the availability of local currency financing helps to protect them from currency market volatility and encourages the unlocking of investment opportunities.
The meetings were a time to bring together leaders from government, private sector, civil society, and academia to explore solutions to push the frontiers of development finance - and the vital importance of private capital to ending poverty on a livable planet.
A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.
We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges.
IFC - a member of the World Bank Group - is the largest global development institution focused exclusively on the private sector in developing countries.
We leverage the power of the private sector and share expertise to transform ideas into investments for green growth, inclusive jobs and impactful projects.
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