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Europe, Middle East & North Africa

Europe, Middle East & North Africa 

IFC is ramping up support for tech startups in the Middle East and North Africa with a $10 million investment in a new venture capital fund.
IFC has launched a new program designed to help provide safe, affordable lighting to millions of Pakistanis affected by a country-wide shortage of electricity.
The global retail industry has undergone a dramatic transformation over the past two decades.
Over the past decade, Azerbaijan has made remarkable progress in reducing poverty and boosting shared prosperity. Poverty has fallen from nearly half the population in the early 2000s to about five percent in 2013.
Turkey is diversifying and deepening its corporate bond market, with the help of the World Bank Group

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IFC in Europe, Middle East & North Africa (EMENA)


IFC's EMENA region covers the sub-regions of Europe and Central Asia and Middle East and North Africa. We support private sector development and economic growth to create opportunity and help end extreme poverty and boost shared prosperity.



EMENA at a glance:

  • EMENA covers 50 countries presenting a diverse range of development challenges.
  • The Western Europe sub-region covers an additional 21 countries.
  • Our priorities in EMENA are to reach more of the region's poor and vulnerable, create jobs, increase access to infrastructure, expand access to finance, support agricultural development, and tackle climate change.
  • We committed $6.9 billion to 179 projects in fiscal year 2014, representing nearly a third of IFC’s worldwide commitments
  • We delivered important advisory services in several areas, including microfinance, financial infrastructure, corporate governance, investment climate, food safety, and energy and resource efficiency.



IFC in Europe and Central Asia

In fiscal year 2014 (July 1, 2013 - June 30, 2014), IFC commitments totaled $4.7 billion in 117 projects, including $1.2 billion in funds mobilized from our partners.

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IFC in the Middle East and North Africa

In fiscal year 2014 (July 1, 2013 - June 30, 2014), IFC committed $2.2 billion, including $509 million mobilized from other investors, and an advisory program worth a total of $105 million spread over 96 projects.

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Videos  (View all ...)

Improving Access to Finance for MSMEs in MENA

Small and medium enterprises account for 90 percent of enterprises in the Arab world and up to 40 percent of jobs, yet s...more

Improving Food Safety in Belarus

Food safety is not only a public health issue but also a key factor for the agribusiness sector growth since it provides...more

Nada Shousha IFC Country Manager in Egypt Calls Egyptians to Participate in Formulating the Country Partnership Framework

The World Bank Group (WBG) is holding public consultations to help develop the Country Partnership Framework (CPF) for i...more

IFC in Georgia: Helping Companies Improve Food Safety

The IFC Georgia Food Safety Improvement Project has worked with Marshe, a Georgian food maker and wholesale distributor,...more

Trade Links: The Challenge of Jobs in the Middle East - CNBC interview with IFC VP Dimitris Tsitsiragos

CNBC interviews Dimitris Tsitsiragos, IFC's Vice President of Eastern and Southern Europe, Central Asia, Middle East and...more


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