International Finance Corporation

Global Economic Prospects 2024

The latest report shows the global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards.

The Latest from IFC

Putting Africa on the Path to Prosperity

Creating a world free of poverty on a livable planet hinges on boosting growth and creating jobs in Africa. Ajay and Mauritania President and African Union chairperson Mohamed Ould Ghazouani on five ways resources like the International Development Association (IDA) can boost economic growth and transformation in Africa.

IDA21 Meeting: Building Resilience in South Asia

Watch the replay of the third IDA21 Replenishment Meeting in Nepal, a milestone moment in the journey of South Asia’s development and recovery. Tune in to hear from leaders and changemakers at the third IDA21 Replenishment Meeting in Kathmandu.

IFC in Ukraine

As part of the broader World Bank Group's response to Russia's invasion of Ukraine, in December 2022 IFC launched a $2 billion package to support the Ukrainian private sector. While initially focusing on short-term support, this is now shifting towards longer-term financing in key areas such as food production, energy and digital infrastructure.

What We Do

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

Products and Services

We provide investment, advice, and asset management — offerings that are mutually reinforcing and can be tailored to a client’s specific needs.

Sectors and Expertise

We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges.

Our Impact

IFC works with clients to create the opportunities which help the private sector mobilize solutions and finance to solve development challenges.

IFC at a glance

IFC - a member of the World Bank Group - is the largest global development institution focused exclusively on the private sector in developing countries.

We leverage the power of the private sector and share expertise to transform ideas into investments for green growth, inclusive jobs and impactful projects. 

  • 62.5 Million
    People connected to the internet
  • 11.3 Million
    People supplied with power
  • $226.5 Billion
    In Trade Finance Volume
  • $516.9 Billion
    In Impact from SME Loans

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See where we work

IFC’s impact spans more than 100 nations. We empower entrepreneurs all over the world, turning bold ideas into engines of inclusive growth creating millions of jobs, uplifting lives, and transforming communities.