IFC works with governments, corporations, foundations, other multilateral organizations and civil society to foster innovative partnerships that create prosperity and eradicate poverty. As the largest global development institution focused on the private sector in developing countries, IFC, together with our partners, strives to address urgent development challenges.
Our collaborative approach emphasizes the power of long-term partnerships, maintains a focus on results measurement and efficiency, and leverages the contributions of our partners while providing appropriate visibility for donor partners.
Donors Are Vital
Our donor partners are vital in helping deliver greater development impact. The financial support leverages IFC’s contributions to advisory services and enhances the impact of our investment operations through strengthened collaboration on shared mutual priorities.
IFC’s partnership with our donors often builds relationships based on mutual understanding, expertise, and knowledge sharing. We foster this by convening donors around issues of common concern such as climate change and food security. In so doing, we strive to be thought leaders and to stimulate coordinated action.
In Sub-Saharan Africa, our advisory services help to:
•Develop large infrastructure projects,
•Build a positive investment climate,
•Develop domestic financial markets,
•Promote environmental sustainability,
•Expand health and water services, and
•Grow the private sector.
IFC’s teams are bringing global experience to countries across sub-Saharan Africa, with an increasing focus on the poorest and those affected by conflict. Many African governments are calling for inclusive, market-based solutions to bring social and economic benefits to growing populations. IFC investment and advisory services are responding to those calls, helping pave the way for sustainable private sector development across Africa.
IFC Delivery Platform
In Africa, the main funding vehicle for advisory services is the Private Enterprise Partnership Africa. Since 2005, IFC PEP Africa and its partners have provided close to $300 million in program support toward advisory services that promote private sector development in Africa. At the end of May 2014, IFC was managing 156 advisory projects with a portfolio value of $260 million in 34 countries across Sub-Saharan Africa.
For further information about partnering with IFC in Sub-Saharan Africa, please contact Gregor Pfeifer,