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Europe, Middle East & North Africa

Europe, Middle East & North Africa > Middle East & North Africa 

Egypt's Ibrahim Bakr was able to move to better living quarters, thanks to a key IFC partner, the Dakahlya Businessmen's Association for Community Development
IFC has been helping turn around a microfinance crisis affecting Morocco by supporting the country’s leading microfinance institutions
As Abdul Elah Al-Hamawi's business has been expanding, so has the amount of red tape he faces--something that IFC has been working with the Jordanian government to address.
The World Bank Group (WBG) is holding public consultations which will help develop the Country Partnership Framework (CPF) for its partnership with the Arab Republic of Egypt during the period of 2015-2019.

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IFC Annual Report

IFC in the Middle East and North Africa

 

The Middle East and North Africa faces significant challenges, but is also rich with economic potential. Hindrances to growth in the region include political instability, unemployment, overbearing bureaucracy, poor access to finance, and restrictive legislation.

 

IFC MENA is working to address these issues by supporting the region’s private sector; helping create jobs and drive sustainable and inclusive growth through a combination of investments and advisory services.

 

In fiscal year 2014, IFC committed $2.2 billion in MENA, including $509 million mobilized from other investors, and an advisory program worth a total of $105 million spread over 96 projects.

 

We focused on projects that improve and expand access to credit in an inclusive private sector, reduce bureaucracy, support fragile and conflict-affected states, combat climate change, boost infrastructure, and champion intra-regional South-South investment.

 

 

Projects (Summary of Investment Information)


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