All Africa
IFC Funding For Africa Hits Record Levels In 2022/23
The IFC invested US$11.5 billion across 40 countries.
The IFC provided US$11.5 billion in financing across 40 countries in Africa during the fiscal year 2022/23, its largest ever annual commitment for the continent.
The investments are intended to help accelerate Africa’s energy transition, develop greener manufacturing, increase intra-Africa trade, strengthen smaller businesses, and boost local food production.
"At difficult times like
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