IFC’s Commitment to Sub-Saharan Africa IFC FY03-FY08 Commitments ($ Millions) in Africa by Sector (figures rounded)
IFC’s Regional Strategy IFC puts clients’ needs first in striving for strong growth and development impact, and we work closely with development partners such as the World Bank to achieve our goals. Our strategy in Sub-Saharan Africa aims to:
IFC’s strategy also places special emphasis on several key sectors and initiatives. IFC aims to become more active in the region's poorest countries and those emerging from conflict, such as the Democratic Republic of the Congo, Liberia, and Sierra Leone. Improving the region’s poor infrastructure, which has hampered economic development and made it difficult for millions of people to access basic services such as clean water or safe sanitation, is also a priority. And we are scaling up support to agribusiness operations to address the sharp rise in food prices, which threatens to push millions of people in low income countries deeper into poverty For more information contact: Houtan Bassiri Communications Officer Johannesburg, South Africa Tel: +27-11-731-3179 Email: hbassiri@ifc.org |