The IFC Annual Report 2024

This financial year, we pushed boundaries, set new records, and pioneered innovative approaches to mobilize private capital where it's needed most.

The Latest from IFC

The Ingredients Helping Africa’s Women Entrepreneurs Succeed

Africa has a high rate of female entrepreneurial activity, at about 24 percent. However, many obstacles hold women back. That is why financial and development institutions are pulling many levers to support women in business.

Kenya’s Carbon Finance Moment

A newly released Carbon Market Guidebook for Kenyan Enterprises offers practical advice for Kenyan companies on how to participate in voluntary carbon markets which can curb cliate change, build local markets, and be turned into revenue.

Viet Nam's Women Lead the Green Revolution

Addressing climate change is the most urgent issues of our time. However, the representation of women in the energy sector remains alarmingly low. In Viet Nam, a growing cohort of women are working to empower the climate workforce.

What We Do

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

Products and Services

We provide investment, advice, and asset management — offerings that are mutually reinforcing and can be tailored to a client’s specific needs.

Sectors and Expertise

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

Our Impact

IFC works with clients to create the opportunities which help the private sector mobilize solutions and finance to solve development challenges.

IFC at a glance

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.

In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. 

  • 62.5 Million
    People connected to the internet
  • 11.3 Million
    People supplied with power
  • $226.5 Billion
    In Trade Finance Volume
  • $516.9 Billion
    In Impact from SME Loans

BROWSE BY REGION

See where we work

IFC’s impact spans more than 100 nations. We empower entrepreneurs all over the world, turning bold ideas into engines of inclusive growth creating millions of jobs, uplifting lives, and transforming communities.