IFC Africa

💡 Shaping Africa’s financial future at the AFRICA FINANCIAL SUMMIT - AFIS.   IFC - International Finance Corporation’s leadership will be present at this annual event, important to Africa’s economic future, to engage with policymakers, industry leaders, and financial institutions. Discussions will center on: •              Expanding access to finance for underserved populations •              Strengthening partnerships for sustainable growth •              Driving bold reforms to build more resilient financial systems   With Africa’s financial landscape evolving rapidly, this summit is a key platform for collaboration and innovation. Stay connected for insights directly from Casablanca!   🗓️ 9-10 December 📍 Casablanca, Morocco ➡️ http://wrld.bg/aFjN50UhU3o

Collaboration is key for the future of #Africa's financial industry. At #AFIS2024, regulators, banks, and innovators will unite to explore how partnerships can accelerate Africa’s economic growth. 🗓️ 9-10 December 📍 Casablanca, Morocco ➡️ http://wrld.bg/mB5C50Ujy6I #IFCinAfrica

IFC - International Finance Corporation and the National Communications Authority of Somalia are partnering on the Somalia Broadband Infrastructure project to expand broadband connectivity, attract private sector investment, and enable digital innovation. IFC will also provide capacity building and regulatory support to create an enabling environment that encourages innovation and competition in the telecom sector. Ultimately, together with the NCA, IFC envisions a Somalia where every individual, business, and institution has access to affordable, high-speed internet - which unlocks economic growth, innovation, and social inclusion. Amena Arif, Mary Porter Peschka #IFCinAfrica #IFCinSomalia

“Accelerating Africa’s development means empowering its financial sector.” Sérgio Pimenta, IFC's VP for Africa, will be sharing his insights at #AFIS2024 on why mobilizing this sector is crucial for the continent’s growth. ➡️ http://wrld.bg/z30e50Ujy7L #IFCinAfrica

IFC - International Finance Corporation's training helped Cabo Verde restaurant and guest house owner Maurícia Vaz to better manage her finances & maximize profits. She now has the tools to help her business thrive & continue to act as important providers of jobs in the community. From climate resilience to financial inclusion, the AFRICA FINANCIAL SUMMIT - AFIS will bring together leaders and experts from across Africa to explore the critical role of financial services in driving social and economic progress. ➡️http://wrld.bg/7j7N50UjFj2 #AFIS2024

Addressing the complex and multifaceted challenges refugees and host communities face requires creative and comprehensive solutions—and strong partnerships. Last week, IFC and UNHCR hosted a workshop in Nairobi bringing together our teams from across Eastern Africa to explore areas where we can expand our shared work to foster long-term economic resilience. Thank you to my co-hosts Mamadou Dian Balde, Chansa kapaya and Jumoke Jagun-Dokunmu. Over the last few years, IFC - International Finance Corporation and UNHCR, the UN Refugee Agency, have established a strong collaborative relationship in Eastern Africa, and I am keen to evolve and further strengthen this partnership. By combining the strengths of humanitarian organizations with private-sector solutions, our partnership can create opportunities for refugees and their host communities. In Kenya, for example, IFC and UNHCR have been working together in the Kakuma Refugee Hosting Area through the KKCF - Kakuma Kalobeyei Challenge Fund (KKCF), IFC’s first refugee and host community focused program in sub-Saharan Africa. The program is also supported by the Turkana County Government. Through the program, 126 businesses have been supported, over 1,200 jobs created, and more than 200,000 people gained access to essential services like electricity and healthcare. During our meeting last week, I had a great chat with Mamadou on the sidelines about why this partnership is so important. Tune in ⬇️ IFC UNHCR Joint Initiative 

Access to finance is a critical driver of inclusive growth in West Africa. IFC is making a difference by: ✅ Supporting SMEs and young entrepreneurs ✅ Promoting affordable housing and energy solutions ✅ Engaging women entrepreneurs for a brighter tomorrow IFC - International Finance Corporation is engaging with public and private sector partners in #WestAfrica to improve the lives and livelihoods of many. Join us at the AFRICA FINANCIAL SUMMIT - AFIS to discuss the role of partnerships in driving development across Africa. Let’s shape the future together. 🎥 Watch our latest video ⤵️ 🗓️ 9-10 December 📍 Casablanca, Morocco ➡️http://wrld.bg/aFjN50UhU3o #IFCinAfrica #AFIS2024

  IFC partners with Bénin Terminal (BT), the largest container terminal in the country, to improve operations at the Port of Cotonou and boost trade in Benin and West Africa. IFC's €20 million financing will enable Bénin Terminal to increase its berthing and storage capacity, thereby stimulating trade in Benin and the region.   The Port of Cotonou, where BT is located, is crucial for the country's trade and customs revenue generation, handling the majority of Benin's international trade. It is also a key transit point in West Africa, allowing landlocked countries in the region to export and import goods.   The increase in Bénin Terminal's capacity will significantly promote regional trade integration by helping to increase commercial freight volumes and, consequently, improving the economic outcomes of supply chains such as agriculture, commerce, and transportation.   Promoting the industrialization of Benin's economy, particularly through the expansion of transport and logistics infrastructure that supports it, is a key aspect of IFC's strategy in Benin.   https://lnkd.in/djDwHfDc Sergio Pimenta, Olivier Buyoya, Sarvesh Suri, Josiane Kwenda, Fatoumata Sissoko-Sy, Vincent Floreani, Marina Diagou, Kpantcha OUATTARA

Did you know that every bottle produced at KIOO Glass in Tanzania is made with 40% recycled material? ♻️🌍 Thanks to a partnership with IFC, KIOO is scaling up its sustainability initiatives, aiming to recycle more than 35,000 tons of glass annually and reduce CO2 emissions by 4,080 tons each year! This means keeping millions of bottles out of landfills and reusing them to support East Africa's beverage industry. Choosing glass over plastic not only supports local businesses but also contributes to a sustainable future. Read more: http://wrld.bg/7ijh50UizTZ #greenfinance #decarbonization #acceleratingthetransition

From climate resilience to financial inclusion, the AFRICA FINANCIAL SUMMIT - AFIS will bring together leaders and experts from across Africa to explore the critical role of financial services in driving social and economic progress. With panels on sustainable finance, insurance for the informal sector, gender finance, and more, the summit will provide a platform to discuss how financial solutions can address Africa's most pressing challenges—and seize its opportunities for development. As a co-host, IFC - International Finance Corporation is excited to provide a space for local banks, fintechs, capital market leaders and more to showcase their innovative approaches and contributions to these critical discussions. 🗓️ 9-10 December 📍 Casablanca, Morocco ➡️ http://wrld.bg/aFjN50UhU3o #IFCinAfrica #AFIS2024