As we gather for the 2024 Annual Meetings of the International Monetary Fund and The World Bank Group in Washington, D.C., our focus remains clear: to push forward bold strategies and innovative financial tools that can address today’s development challenges. From poverty reduction to gender equality, the food economy, and private capital mobilization, the critical meetings taking place this week help shape a more resilient and sustainable future for all. #IFCinsights invites you to join the conversation and be part of shaping the global development agenda. #WBGmeetings
IFC - International Finance Corporation
Financial Services
Washington, DC 800,347 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.
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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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Local currency financing is essential for businesses in developing economies to thrive. When companies borrow in local currency, they can protect themselves from the volatility of international exchange rates. This approach allows them to focus on their core business activities rather than worrying about fluctuating currency values and the impact that has on their debt obligations. In this IFC explained video Abdoul Maiga explains how local currency financing helps companies stabilize their finances, maintain predictable debt burdens, and avoid the risks of financial distress. This type of financing is not just about mitigating risk; it's about enabling sustainable growth and economic resilience. Watch the video to learn more about why local currency financing is crucial. #IFCExplained
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Investing in urban infrastructure positively impacts people's lives. At IFC, we are committed to enabling solutions for sustainable cities. Over the past decade, we've proudly partnered with the city of Izmir, Türkiye, to mobilize over $400 million for transformative infrastructure projects. Our collaborative efforts are reshaping the city's landscape from modern tram lines to efficient ferry boats, subway cars, emergency vehicles, and a cutting-edge smart traffic management system. 🌆 Dive into this story to discover more: http://wrld.bg/TAAp50TXCiI #WorldCitiesDay #IFCCities #SustainableCities IFC Europe IFC Infrastructure
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IFC - International Finance Corporation reposted this
📊 IFC - International Finance Corporation’s FY24 investments spanned sectors essential to Africa’s economic development and resilience, from clean energy and agriculture to manufacturing and digital connectivity. IFC’s $14.2 billion commitment—it’s biggest ever commitment to the continent—is enabling growth across Africa by addressing infrastructure gaps, strengthening value chains, and driving job creation. For example, last fiscal year IFC invested nearly $200 million to support food security and the sustainable agriculture and construction sectors in Morocco and beyond, helping to address critical food needs and bolster agricultural resilience. In Côte d'Ivoire, we partnered with the Ministry of Health on two public-private partnerships to enhance laboratory and imaging services in 14 public hospitals, improving healthcare for local communities. IFC was active in Africa in the manufacturing, agriculture, and technology sectors in FY24, among others, helping lay the groundwork for resilient, sustainable, and inclusive African economies. Learn how these investments and IFC’s advisory services are building robust economies across the continent. http://wrld.bg/2cjm50TWeGc #IFCinAfrica
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Reliable electricity access is essential for economic growth, education, healthcare, and quality of life. In FY24, IFC's energy investments helped 164 million people gain access to power, lighting up homes, powering businesses, and creating new opportunities in emerging markets. Download our Annual Report to see how we are #AcceleratingImpact in the energy sector by investing in sustainable power solutions that expand access to electricity: http://wrld.bg/UaM950TXbvF
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As urbanization accelerates, cities 🏙 face unprecedented challenges, including the impacts of climate change, a widening gap in urban infrastructure investments, and mounting pressure to deliver essential public services. To create more livable urban environments, IFC is collaborating closely with mayors to tackle these issues and encourage investments in resilient infrastructure that can cater to growing populations and achieve their development goals. Learn more about how IFC partners with subnational governments and the private sector in emerging markets to help diversify their sources of financing: http://wrld.bg/kgtB50TWR92 IFC Infrastructure #WorldCitiesDay #IFCCities #SustainableCities #IFCInfrastructure
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🌆 Happy #WorldCitiesDay! Did you know cities contribute over 80% of the world's GDP? Urbanization can promote growth if managed well. However, rapid, unplanned urbanization can be challenging. At IFC, we develop long-term partnerships with cities in emerging markets to drive positive outcomes as they urbanize and grow. Learn more: http://wrld.bg/rLPE50TWMqr #IFCCities #SustainableCities IFC Infrastructure; Sumeet Thakur, Upasana Varma Lalrinpari Sailo
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Access to clean water, sanitation, and hygiene (WASH) services is fundamental to health, economic development, and human dignity. In fiscal year 2024, IFC's strategic investments in water infrastructure and services helped provide 15 million people with improved WASH access. Learn more about how IFC is accelerating private sector solutions to expand access to clean water and sanitation services in our FY24 Annual Report: http://wrld.bg/yyIR50TWrjJ #AcceleratingImpact
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Private capital can play a key role in reversing biodiversity losses and closing the $200 bln annual gap in nature finance. IFC is working with partners and investors to mobilize investment into biodiversity finance by developing clear rules of the road and innovative financial instruments like the world’s first biodiversity bond by BBVA. Learn more: http://wrld.bg/IynV50TVyCr #COP16
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In an era of compounding global challenges, IFC delivered unprecedented results in FY24 by focusing on what matters most: creating opportunities and improving lives. Our latest Annual Report demonstrates how strategic investments and private sector solutions can drive meaningful change - from expanding access to finance and essential services to advancing climate action and gender equality. See how we're #AcceleratingImpact: http://wrld.bg/KRWL50TVzbJ
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