Poor infrastructure is a major obstacle to growth in most emerging markets. It limits opportunities, creates inconveniences, and sustains high costs for basic services.
The problem is particularly acute in sub-Saharan Africa, which needs to maintain existing infrastructure, and make significant new annual investments to fuel growth and create opportunities.
IFC aims to help Africa build a modern economy with ports, railways, telecommunications, and power, including renewable energy infrastructure. We are leading the way in attracting private expertise, management, and finance to the continent.
IFC helps develop early-stage projects, provides large-scale finance, and mobilizes funds from other investors. Developing deals requires time, effort, experience, and the ability to get the right balance between private and public interests.
IFC has successfully advised African governments, including local municipalities, on ways to engage the private sector in essential public services, and on how to restructure state-owned enterprises.
IFC’s public-private partnership support facilitates billions in private financing for infrastructure and health, and to provide improved services to millions of Africans.
IFC InfraVentures is a $150 million global infrastructure project development fund that has been created as part of World Bank Group’s efforts to increase the pipeline of bankable projects in developing countries. I
IFC InfraVentures combines early stage risk capital and experienced project development support to help develop public-private partnerships and private and infrastructure projects in frontier markets.