Tag: IFC

IFC lends OCP 100 mln euros to build four solar plants

April 13, 2023

The International Finance Corporation (IFC), an offshoot of the World Bank, agreed to lend Morocco’s phosphates and fertilizers giant OCP 100 million euros to fund ... Read More

IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic

November 17, 2022

International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted ... Read More

Moroccan Pharmaceutical Industry Teams up with IFC to Cut Carbon Footprints

February 16, 2022

The Moroccan Federation of Pharmaceuticals Industry and Innovation (FMIIP) has partnered with the International Finance Corporation to enhance the sector's efficiency and mitigate climate change ... Read More

Moroccan Dolidol Company to step up operations in Nigeria with IFC Support

December 31, 2021

Dolidol, a Moroccan manufacturer and distributor of bedding products, has secured a €20 million financial support of the International Finance Corporation and Proparco to enhance ... Read More

BMCE Bank International teams up with IFC to support inter-African trade

September 2, 2021

Morocco’s BMCE Bank International Plc UK has sealed a $150 million partnership with the International Finance Corporation to bolster cross-border trade in Africa and prevent ... Read More

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

August 5, 2021

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to ... Read More

OCP signs $100 mln financing deal with IFC

June 29, 2021

Morocco’s phosphates and fertilizers producer OCP obtained a loan of 100 million dollars from the International Financial Corporation (IFC) to develop its African value chain. ... Read More

Morocco partners with IFC to bolster supply chain financing

June 27, 2021

Morocco’s central Bank has teamed up with the International Finance Corporation (IFC) to improve SMEs access to finance through the development of Supply Chain Finance ... Read More

IFC to support Morocco’s major development, investment reforms

June 24, 2021

The International Finance Corporation (IFC) intends to support the Moroccan government in its multiple reforms to ensure post-Covid economic recovery and plans to invest $300 ... Read More

IFC supports Morocco’s women business leaders & capital market transparency

February 12, 2021

The International Finance Corporation has pledged to help Moroccan women reach more leadership positions in the business world under an agreement inked Friday in Casablanca ... Read More