IFC’s aim is to help develop socially responsible private education and make a difference in people’s lives by:
Supporting investment in education infrastructure and services:
As of November 30, 2009, provided $400 million in financing to 60 private education projects in 29 developing countries. The projects had a total value of $1.416 billion.
Supporting investment in the poorest countries to spur sustainable growth:
Twenty-one IFC education projects (35 percent) were in IDA (International Development Association) countries, which are considered the world’s poorest developing countries.
Increasing access to education for people of all income levels:
IFC projects educate about 1 million students annually.
Providing employment opportunities for local education professionals:
IFC-supported education facilities employ about 16,000 people in developing countries.
Sharing best practice:
IFC organizes numerous events and learning opportunities including our biennial International Private Education Conference, which brings our clients together with thought leaders from business, education, and academia. Presentations of previous IFC-organized conferences can be viewed at Events/Presentations.
Influencing education policy:
We bring together education professionals and policymakers through numerous international and regional conferences and seminars aimed at exploring public-private collaboration and partnerships.
