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IFC Middle East & North Africa |
IFC's operations in the Middle East and North Africa cover 20 countries, from Morocco in the west to Pakistan in the east. IFC focuses on providing long-term finance to the private sector in ways that benefit the underserved communities. Our priorities are in areas with high development impact and where IFC can make the greatest contribution, including access to finance for the underserved, especially micro, small and medium enterprises and mortgage and student borrowers; investments in infrastructure; and opportunities in IDA, conflict-affected, and resource-poor middle-income countries. More... |
 Through our Global Trade Finance Program, IFC has increased its assistance to conflict- affected and least developed countries in the Middle East and North Africa (MENA) to help businesses, especially small businesses, expand by facilitating their access to trade finance. more...  The linchpin of the global economy, international trade, is expected to decline this year for the first time since 1982. IFC and other international organizations must do all they can in response: keeping trade flowing is essential to saving jobs and curbing the impact of the crisis on people in the developing world. more...
IFC COMMITMENTS |
Scaling Up and Promoting Regional Expansion of Emerging Market Companies
Since investing $315 million for 21 projects in fiscal year 2005, IFC's volume of annual commitments has grown. In fiscal year 2008, IFC investment commitments reached $1.4 billion for 50 projects, up from $1.2 billion for 40 projects in fiscal year 2007 and $668 million for 29 projects in fiscal year 2006. IFC's activities have generated tangible results, increasing employment, mobilizing additional financing and assisting smaller businesses. The performance of our two largest exposure countries - Pakistan and Egypt - has generally been above IFC's average. Read more... |
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IFC Advisory Services in MENA
