Ifc News

The International Finance Corporation (IFC), a key member of the World Bank Group, is dedicated to fostering sustainable private sector investment in developing...

What is the International Finance Corporation (IFC)?

The IFC is a member of the World Bank Group and the largest global development institution focused exclusively on the private sector in developing countries, aiming to end poverty and boost shared prosperity.

What is the primary mission of the IFC?

IFC's mission is to advance economic development and improve lives by encouraging the growth of the private sector in developing countries, creating markets and opportunities.

How does the IFC support private sector development?

The IFC provides investment, advisory services, and asset management to private companies and governments, mobilizing capital and offering expertise to promote sustainable business practices and job creation.

In which sectors does the IFC typically invest?

IFC invests across diverse sectors including infrastructure, financial institutions, manufacturing, agribusiness, health, education, and information technology, always prioritizing sustainable and inclusive development.

What is the relationship between IFC and the World Bank?

IFC is one of five institutions forming the World Bank Group. While the World Bank (IBRD & IDA) primarily lends to governments, IFC specializes in private sector development and investment within member countries.

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