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Europe, Middle East & North Africa

March 28, 2014 -- Albania’s residential sector uses more than half the country’s electricity supply, representing a huge opportunity to reduce energy consumption and address energy deficits.
Sustainability is a strategic pillar in IFC’s support for private sector development in emerging markets.
Across Europe and Central Asia, IFC is building a market for renewable energy that will ultimately provide clean power for millions of people, slash greenhouse gas emissions and create hundreds of jobs.
Corporate governance has been gradually emerging as a key business concept in the countries of southern Europe, in particular as countries in the region seek foreign direct investment and are progressing on the EU path
January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.

Contact Information


Ibrahim Rugova, No. 34,
Tirana, Albania
Tel.: (355-4) 280-650/1
Fax: (355-4) 240-590

Сontact Representatives:
Laura Qorlaze
Country Officer


Thomas Lubeck 
Regional Manager, Western Balkans



  • All Publications in Europe and Central Asia

IFC in Albania

Albania became a shareholder and member of IFC in 1991. Since then, IFC's long term finance investment in Albania totaled $814.7 million, including $330.9 million mobilized from our partners, in 25 projects across a variety of sectors. In addition, IFC has supported trade flows of $6 million through its trade finance program. Our committed investment portfolio in Albania as of 30 June 2016 is $186.9 million. In fiscal year 2016, IFC invested $52 million in Albania. Through the joint GPs and independently, IFC’s advisory services in Albania aim to improve the investment climate, performance of private sector companies, access to finance, and to attract private sector participation in development of infrastructure projects.


IFC Strategy in Albania

Through a combination of investment and advisory services we will partner with clients in strategic sectors crucial for country’s long-term sustainable development, with a particular focus on:

  • Further improvements in business environment
  • Improvements in infrastructure sectors with larger participation of the private sector, including at the municipality level
  • Facilitation of private sector participation in a sustainable and “green” growth of the economy by investing in energy efficiency/renewable energy and cleaner production projects
  • Strengthening banks’ capitalization and providing specialized product for energy efficiency/renewable energy projects and micro, small, and medium enterprises, contributing to the development of microfinance institutions


IFC Investment


Details of projects currently in progress can be found in IFC Disclosure. For completed projects see press releases below or visit the IFC Press Room.


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