Building on a relationship with a financial institution with a strong small business client base, IFC financed a securitization program with South Africa’s Mercantile Bank to allow it to expand its equipment rental contracts.
Nigeria is on the road to more dynamic development. Highlighting IFC's role and the potential for more strategic partnerships that will strengthen private participation in the economy, Jin-Yong Cai made his first visit to the country as EVP.
IFC is supporting private sector development in sub-Saharan Africa with innovative investments and advisory services programs. Our work helps simplify business procedures, attract investment, create jobs, and stimulate growth. We support health, education, agriculture and infrastructure projects and help economies recover from conflict. Our strategy is built on three pillars:
IFC's investments in Sub-Saharan Africa have never been stronger, helping to bring tangible benefits to millions of people across the region. It also underscores its commitment to the region's private sector development...