Industries that can harness natural resources are vital for many of the world's poorest countries. They are a key source of jobs, energy, government revenues, and a wide array of other benefits for local economies. In Africa, in particular, large-scale sustainable investments in these industries can create equally large-scale gains in economic development.
IFC’s goal in oil, gas, and mining is to help developing countries realize these benefits, while helping promote sustainable energy sources. We provide financing and advice for private sector clients, and help governments adopt effective regulations and strengthen their capacity to manage these industries across the value chain. We also work with companies to ensure that local communities enjoy concrete benefits from projects, focusing on transparency, supply chains, jobs, and community engagement.
The impact of IFC clients in oil, gas, and mining in 2017:
A company or entrepreneur seeking to establish a new venture or expand an existing enterprise can approach IFC directly.
The investment proposal can be submitted to the IFC field office that is closest to the location of the proposed project.