Share this page

Sub-Saharan Africa

In FY20, our long-term investments in Sub-Saharan Africa totaled about $4.6 billion, including $2.4 billion mobilized from other investors. Our clients provided 2.6 million loans to micro, small, and medium-sized enterprises, totaling about $14.5 billion. They cared for 7.9 million patients and generated and distributed power to 32.5 million people.


Project Financing and Portfolio, by Region

Sub-Saharan Africa
$ millions, for the year ending June 30 FY20
Long-term investment commitments 2,188
Loans 1,920
Equity 176
Guarantees and risk management 92
Core mobilization1 2,411
Total commitments 4,599
Portfolio Exposure2 for IFC’s account 9,736
Committed portfolio for loan syndications3 3,759
Total Portfolio Exposure 13,495

 

  1. Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC Funds, Advisory Mobilization, as applicable for this region.
  2. Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
  3. Including B-Loans, Agented Parallel Loans, MCPP Loans, Unfunded Risk Participations (URPs), Credit Insurance Policies (CIPs), and A-Loan Participations (ALPs). Amounts include regional shares of investments that are officially classified as global projects.

Development Outcome Reach

Sub-Saharan Africa Portfolio
  CY18 CY19
MSME loans (# of loans)1 3,059,675 2,647,591
MSME loans (amount in $ millions)1 13,088 14,517
Power generation (millions of people) 34.8 26.1
Water distribution (millions of people) 0.4 0.0
Power distribution (millions of people)2 12.2 6.4
Phone connections (millions of people) 3.3 4.2
Farmers reached 494,162 245,111
Patients served 7,355,597 7,910,895
Students reached 73,558 456,511
Employment 240,738 217,045
Domestic purchase of goods and services ($ millions) 4,097 2,057
Payments to governments ($ millions) 1,533 1,189

 

  1. Portfolio reach figures represent the micro, small, and medium enterprise outstanding loan portfolio of IFC’s financial institution clients with MSME-oriented finance.
  2. One client in Sub-Saharan Africa contributed 6.4 million to power distribution customers reached.

Largest Country Exposures1

Sub-Saharan Africa Portfolio Exposure2 ($ millions)
Rank within Region Country FY19 FY20
1 Nigeria 1,092 1,847
2 South Africa 1,352 1,758
3 Kenya 894 931


Based on IFC's account, as of June 30


  1. Excludes individual country shares of regional and global projects.
  2. Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.