Manufacturing, Agribusiness, & Services

IFC partners with Western European sponsors on projects in the manufacturing, agribusiness, and services sectors, which contribute to reduce poverty and promote sustainable growth in emerging markets.

 

Learn more about IFC's work in ManufacturingAgribusiness, Health, Education, and Tourism, Retail and Property.

 

Examples of what we do


CTP, Central Europe

IFC committed €42.5 million as part of CTP’s €500 million 8-year green Eurobond for the development of green-certified industrial and logistics properties in Romania and Serbia. Based in the Czech Republic, CTP is the largest full-service owner-developer of prime industrial and logistics properties in Central and Eastern Europe. IFC’s investment will contribute to the development of modern and high-quality business infrastructure, promote an energy-efficient real estate sector and foster greater market sustainability in Romania and Serbia. IFC will work with CTP to further improve its corporate governance policy to meet best practices and optimize its sustainability policy, including a commitment for its operations to become carbon neutral in 2021.
 

Cerba HealthCare, Africa

IFC together with Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), committed a financing package of €15 million to Cerba Lancet Africa, which is majority owned by the French group Cerba HealthCare, a leading international player in medical diagnosis, and co-owned by Lancet Service Company, the foremost diagnostic company in sub-Saharan Africa. The loan will help the company upgrade its existing diagnostics laboratories in Eswatini, Gabon, Ghana, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda and Zambia. The funding will also allow Cerba Lancet Africa to add new facilities across Africa, particularly in countries with limited diagnostic services. The company’s planned expansion will focus on the poorest and most fragile countries in the region. IFC’s investment will help strengthen diagnostic capacity and the health response to COVID-19 in Africa, as well as support long-term health and economic recovery.
 

Jerónimo Martins, Colombia

IFC committed an A loan of $95 million in Colombian Pesos to Ara Tiendas, a Colombian food store chain, to finance its working capital increase and reduce the company’s liquidity risk. Ara Tiendas is a subsidiary of Jerónimo Martins, one of the largest European food retailers based in Portugal. The loan was committed under IFC’s Real Sector Crisis Response Facility, which has made available $2 billion to support IFC’s clients in the infractructure, manufacturing, agriculture, and services industries as a response to the COVID-19 pandemic. As the lockdown has put a strain on supply chains in Colombia, IFC’s investment will ensure continued provision of essential goods at affordable prices throughout the country, including in underserved areas in intermediate cities. The project is expected to help mitigate the economic downturn and sustain employment during the COVID-19 pandemic. This investment follows a $93 million A loan committed by IFC in 2019 to partially finance the expansion plan of Ara Tiendas in Colombia.