Moscow is famous for its heavy traffic, crowded streets and metro stations, intense life style, and beautiful green parks. One of the parks Muscovites are proudest of is Sokolniki, named after falconers who used to organize hunting activities for Rus
IFC, a member of the World Bank Group, is helping the Former Yugoslav Republic of Macedonia meet its energy demands through long terms loans to private energy companies doing business in the country of two million people.
In Dushanbe, Tajikistan's capital, Muhabbat Islomova runs a small firm producing decorative quarry tiles and pipes. In order to expand the business, she has in the past few years taken out several loans totaling $110,000 from IFC-client Access Bank
Boosted by a $1.3 million IFC loan, LLC Amiri began operations at its confectionary plant in Dushanbe, the Tajikistan capital, in 2011. Just three years later, Amiri leads the domestic market with a diverse product range of more than 40 chocolates.
Our priorities in EMENA areto reach more of the region's poor and vulnerable, create jobs, increase access to infrastructure, support agricultural development, and tackle climate change
We committed a record $7.3 billion in 190 projects in fiscal year 2013 representing nearly a third of our total commitments worldwide
We delivered important advisory services including microfinance, corporate governance, investment climate, and BusinessEdge
IFC in Europe and Central Asia
In fiscal year 2013 (July 1, 2012 - June 30, 2013), IFC commitments totaled $4.4 billion ($3.2 billion from our own account; $1.2 billion in syndicated and parallel loans and investor funds) spread across 130 projects, many in the region's poorest countries.
In fiscal year 2013 (July 1, 2012 - June 30, 2013), IFC committed a record $3 billion in 60 projects across 13 countries ($2.09 billion from our own account; $914 million in syndicated and parallel loans and investor funds), including $647 million for infrastructure.