IFC's overall contribution to SDGs in ECA Region in calendar year 2019
5.9 billion USD towards Microfinance and SME loans
2.0 billion USD in Annual Payments to Government
7.2 million people reached with infrastructure services (of which 5.4m in telecoms, 1.2m in power generation and distribution, 580 thousand in transport)
2.4 million Microfinance and SME loans
11.3 million Patients served
30,737 Farmers reached
12,824 Students reached – 5,732 Women
3.3 million containers operated or shipped
366,188 Jobs supported – 154,407 Women
IFC's Priorities in ECA Region
IFC’s focus in ECA is on helping small and medium enterprises, developing capital markets, and increasing private sector participation in infrastructure.
In addition to investments, advisory work plays an important role in IFC's involvement in the region. We work with investment partners to build reliable supply and distribution chains through customized advice on better production and management practices to local suppliers and distributors. IFC also helps local companies improve their corporate governance, and environmental and social practices. We also collaborated with World Bank Group partners to deliver strong advisory work on investment climate, financial markets, and other crucial areas.