Agribusiness plays a vital role in economic development. In countries with low per capita incomes, the agricultural sector often accounts for half or more of the gross domestic product and 60-80 percent of total employment.
IFC has made agribusiness a priority as part of its commitment to help reduce poverty and improve peoples’ lives. IFC provides financial and advisory support to the agribusiness sector along the full value chain directly to companies and indirectly through intermediaries (e.g. traders, financial institutions). As a general rule, IFC finances projects that have the largest demonstrated benefits to the overall efficiency and competitiveness of the supply chain, and the highest overall contribution to economic development.