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‘Infrastructural Transformation Is a Catalyst for Growth and Development’ – President Koroma

‘Infrastructural Transformation Is a Catalyst for Growth and Development’ – President Koroma

President Dr Ernest Bai Koroma today, Monday 29th May 2017, officially opened the Sierra Leone Development Finance Forum jointly organised by the World Bank and the Ministry of Finance and Economic Development held at the Bintumani International Conference Centre in Aberdeen, Freetown. The theme of the event; “Unlocking Private Investment in Sierra Leone” speaks to […]

Tanzania Struggles to Finance Standard Gauge Railway

Tanzania Struggles to Finance Standard Gauge Railway

Tanzania is struggling to find financiers for its proposed $1.2 billion standard gauge railway as leaders continue to raise questions on the viability of the project. A group of MPs recently said the project is likely to stall due to lack of financing unless the government considers alternative sources of funds outside low-interest loans such […]

Renewable Energy Financing Promoted in Egypt

Renewable Energy Financing Promoted in Egypt

IFC, a member of the World Bank Group, and the Egyptian Banking Institute co-hosted a workshop in Cairo to highlight the investment opportunities emerging in Egypt in renewable energy, promote financing for such projects and encourage best practice in the field. The pioneering one-day training session, supported by the Danish Government and held in partnership […]

Conflict-Affected States to Benefit From New IFC and Ecobank Facility

Conflict-Affected States to Benefit From New IFC and Ecobank Facility

Abidjan, Côte d’Ivoire — IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and leading pan-African full-service banking group, today announced the launch of a $110 million risk-sharing facility. It will increase access to finance for small and medium sized enterprises in fragile and conflict-affected states […]

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