Middle East & North Africa

IFC in Middle East and North Africa

  • IFC helped a Palestinian importer obtain breast cancer screening equipment in the West Bank and Gaza. (Photo: Xinhua/Landov)

    SUPPORTING GENDER EQUALITY

    Working with partners, we provide finance and advice to women-owned businesses.

  • Students at the Lucie Harrison Girls High School in Lahore, Pakistan.

    PREPARING FOR THE FUTURE

    We help provide young people with training so they have more opportunities.

  • A worker at a carpet and silk weaving center funded by the Afghanistan Rural Enterprise Development Project. (Photo: Graham Crouch / World Bank)

    BREAKING BARRIERS TO FINANCE

    By stimulating bank lending, streamlining regulations, and training entrepreneurs.

The Middle East and North Africa is brimming with potential. But long-standing problems like power shortages, youth unemployment, and a lack of access to finance have conspired to hold back economic growth in this region of 350 million.

IFC is helping to change that by supporting the region’s private sector, a potentially bountiful source of jobs and innovation. In the year ended in June 2015, our long-term investments totaled nearly $1.3 billion, including $375 million mobilized from other investors. We supported investments in power and renewable energy, helped expand access to finance, and promoted entrepreneurship.

LEARN MORE ABOUT IFC'S PRIORITIES IN THE MIDDLE EAST AND NORTH AFRICA

 

Development Reach

The impact of IFC clients in the region (in 2014):

$20 BILLION IN LOANS TO MSMES
11 MILLION CUSTOMERS PROVIDED WITH POWER
4.7 MILLION PATIENTS SERVED
129,000 JOBS SUPPORTED
27 MILLION PHONE CONNECTIONS PROVIDED

A company or entrepreneur seeking to establish a new venture or expand an existing enterprise can approach IFC directly.

The investment proposal can be submitted to the IFC field office that is closest to the location of the proposed project.

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