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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... |
 IFC is investing in a new hospital in Afghanistan that will expand access to health care and medical training and help address the country's shortage of medical professionals. more...  Yemen has made some important business reforms this year. IFC and the U.K.’s Department for International Development are partnering to keep progress on track. 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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