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 IFCs account | 9,736 |
| Committed portfolio for loan syndications3 | 3,759 |
| Total Portfolio Exposure | 13,495 |
- 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, 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 | |
- Portfolio reach figures represent the micro, small, and medium enterprise outstanding loan portfolio of IFCs financial institution clients with MSME-oriented finance.
- 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
- Excludes individual country shares of regional and global projects.
- Portfolio exposure is defined as the sum of the (i) committed exposure for IFCs debt investments, (ii) fair market value of IFCs equity investments, and (iii) total undisbursed equity commitments.
