Middle East & North Africa
In FY20, we invested about $1.0 billion in the Middle East and North Africa , including $398 million mobilized from other investors. Our clients cared for 4.6 million patients and reached about 16 million people with phone connections.
Project Financing and Portfolio, by Region
| Middle East & North Africa | |
|---|---|
| $ millions, for the year ending June 30 | FY20 |
| Long-term investment commitments | 617 |
| Loans | 495 |
| Equity | 117 |
| Guarantees and risk management | 5 |
| Core mobilization1 | 398 |
| Total commitments | 1,014 |
| Portfolio Exposure2 for IFC’s account | 3,852 |
| Committed portfolio for loan syndications3 | 1,216 |
| Total Portfolio Exposure | 5,068 |
- Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC Funds, Advisory Mobilization, as applicable for this region.
- 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.
- Including B-Loans, ALPs, Agented Parallel Loans, URPs, MCPP Loans. Amounts include regional shares of investments that are officially classified as global projects.
Development Outcome Reach
| Middle East & North Africa | Portfolio | ||
|---|---|---|---|
| CY18 | CY19 | ||
| MSME loans (# of loans)1 | 1,084,632 | 822,471 | |
| MSME loans (amount in $ millions)1 | 9,400 | 5,044 | |
| Power generation (millions of people) | 2.9 | 0.3 | |
| Water distribution (millions of people) | 0.0 | 0.0 | |
| Power distribution (millions of people) | 0.5 | 0.6 | |
| Phone connections (millions of people) | 17.0 | 16.0 | |
| Farmers reached | 1,012,527 | 12,265 | |
| Patients served | 4,468,523 | 4,558,124 | |
| Students reached | 8,327 | 7,803 | |
| Employment | 107,495 | 109,676 | |
| Domestic purchase of goods and services ($ millions) | 1,439 | 1,127 | |
| Payments to governments ($ millions) | 941 | 802 | |
- Portfolio reach figures represent the micro, small, and medium enterprise outstanding loan portfolio of IFC’s financial institution clients with MSME-oriented finance.
Largest Country Exposures1
| Middle East & North Africa | Portfolio Exposure2 ($ millions) | ||
|---|---|---|---|
| Rank within Region | Country | FY19 | FY20 |
| 1 | Egypt, Arab Republic of | 1,236 | 1,474 |
| 2 | Jordan | 918 | 994 |
| 3 | Morocco | 182 | 226 |
Based on IFC's account, as of June 30
- Excludes individual country shares of regional and global projects.
- 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.
