Tag: IFC

IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

February 3, 2024

The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women's entrepreneurship, and green projects ... Read More

Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security

October 11, 2023

Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More

IFC supports Morocco’s food security, financial inclusion, sustainable agriculture, renewable energies

October 10, 2023

The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, ... Read More

Mali’s Yara Oil in talks with IFC for €20.7m loan

August 28, 2023

Mali’s leading energy supplier and distributor “Yara Oil” is in advanced talks with the World Bank’s private sector financer, the International Finance Corporation (IFC), for ... Read More

IFC accords $150m loan to Olam to boost palm oil production in Gabon

August 3, 2023

The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of ... Read More

IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities

July 25, 2023

The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access ... Read More

Egypt’s CIB receives $250 million loans from IFC for multiple purposes including green projects

July 10, 2023

Egyptian private Commercial International Bank (CIB) indicated Sunday it received $250 million from the International Financial Corporation (IFC) in form of multiple loans to be ... Read More

West Africa: IFC, Orange Bank Africa ink partnership deal to increase digital lending for Small Businesses

July 5, 2023

The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with ... Read More

EBRD and IFC Join Efforts to Boost Start-ups in North Africa

June 30, 2023

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have launched lately a joint initiative to strengthen start-ups in North ... Read More

Morocco’s investment fund partners with IFC to boost sustainable infrastructure

June 14, 2023

Morocco's Mohammed VI Investment Fund and the International Finance Corporation (IFC), a member of the World Bank Group, signed a partnership agreement on Tuesday to ... Read More