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IFC and COVID-19 (Coronavirus)

As part of the World Bank Group’s response to the pandemic, IFC is deploying fast-track financing to help keep companies in business and preserve jobs.

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A strong and engaged private sector is indispensable to ending extreme poverty and boosting shared prosperity. That’s where IFC comes in—we have more than 60 years of experience in unlocking private investment, creating markets and opportunities where they’re needed most. Since 1956, IFC has leveraged $2.6 billion in capital to deliver more than $285 billion in financing for businesses in developing countries.

Stories of Impact


Across the world, our investments and advice help the private sector create jobs, improve basic services, foster small enterprises, and more. These stories demonstrate how IFC clients are making a difference in people’s lives.

Follow the conversation: #IFCimpact

Keeping Business Flowing in Serbia Amid COVID-19

Keeping Business Flowing in Serbia Amid COVID-19

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Solar Power Offers Armenia Greater Energy Security

Solar Power Offers Armenia Greater Energy Security

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A “Heroic” COVID-19 Testing Campaign in Thailand

A “Heroic” COVID-19 Testing Campaign in Thailand

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Nepal’s Largest Biogas Plant Adapts to COVID-19

Nepal’s Largest Biogas Plant Adapts to COVID-19

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Creating Markets


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IFC works to create markets that give new opportunities to people in developing countries. These stories show how our innovative approaches have helped solve some of the largest problems in countries or, sometimes, entire regions.

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Helping Afghanistan on the Path to Energy Security

Helping Afghanistan on the Path to Energy Security

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One of Europe’s Largest Landfills Gets a Makeover

One of Europe’s Largest Landfills Gets a Makeover

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A Cable Car Named Development

A Cable Car Named Development

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Generating Solar Power—and Self-Reliance—in the West Bank

Generating Solar Power—and Self-Reliance—in the West Bank

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Digital Growth Drives Nigeria’s Economy Forward

Digital Growth Drives Nigeria’s Economy Forward

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About IFC

We work with the private sector in developing countries to create markets that open up opportunities for all.

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

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

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  • 5.3 Million

    Farmers Supported

  • 50 Million

    Patients Cared For

  • 187 Million

    People Provided with Phone Connections

  • $361 Billion

    In SME loans

  • The impact of IFC clients in 2018.

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