Two years of political uncertainty and a troubling security situation have taken their toll on small and medium enterprises (SMEs) in Yemen. But IFC teams have stayed in the country despite the unrest, helping to show that improved corporate governan
The past three decades of conflict in Afghanistan have not been kind to the farming communities in the fields and vineyards of Kandahar. A series of crises has made work almost unbearable for the farmers, who struggle to modernize their methods
More than two years after the Arab Spring, many countries in the Middle East and North Africa continue to grapple with political uncertainty, which has led to slow growth, unemployment, and a host of other economic challenges.
IFC is striving to address these economic issues by supporting the region's private sector, helping to create jobs and drive sustainable growth. We work in countries from Morocco to Afghanistan to boost investor confidence, help small business owners, develop vital infrastructure projects, upgrade farming techniques, combat climate change, improve the investment climate, and help new governments cut red tape.
During the 2013 fiscal year, IFC committed almost $3 billion in the Middle East and North Africa, a figure that includes $914 million mobilized from other investors. The organization also launched 34 advisory projects worth a total of $37 million.