Difficulties accessing finance consistently ranks as one of the biggest constraints to small business growth, but an elegant solution can be found in a proven system that is fundamentally a contract between two parties.
Six of the world’s sunniest countries on earth are on the African continent. Harnessing this natural resource to bring electricity to the vast population that lacks access to electricity is the goal of Scaling Solar.
The World Bank/IFC’s Doing Business report of 2014 found that, in West Africa, traders spend almost half their work time processing documents and maneuvering clearance procedures at customs and border agencies.
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...