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News & Media

IFC recognizes that in the modern world, media is a major tool for raising awareness and promoting change. IFC's communications strategy for the region seeks to forge strong partnerships with the media in an effort to raise awareness about IFC's areas of intervention and to advocate for the role of private sector led-growth in the Middle East and North Africa.

IFC Expands Trade Finance Assistance in the Region

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...

Telling Our Story: Access to Finance

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...

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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...