Fragile and conflict affected states are among the poorest places in the world, where businesses are often crippled by cumbersome regulations, weak infrastructure and services, limited training opportunities, and a lack of access to finance.
The official launch of the "entreprenant" status took place in Cotonou on May 5, 2015. The event was attended by over 600 participants, including business leaders, and , government and donor officials.
While Ebola was crippling the worst hit economies of West Africa, IFC has been committing and disbursing more than $75 million in new investments to companies and financial institutions since last October.
Agriculture in Kenya accounts for 29.5% of the GDP and employs close to 75% of the population, yet only 5% of bank lending goes to Agribusiness. The Warehouse Receipt Systems seeks to offer a solution and improve access to finance for farmers.
SME Ventures supports high-growth entrepreneurs in developing countries by creating and investing in funds that then provide risk capital. The program also offers technical assistance to small and medium enterprises (SMEs) on a range of issues, from
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...