International Finance Corporation (IFC)

Company description

The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., USA. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.

It works in more than 100 countries, using its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, the IFC committed a record US$ 43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises.

Company details

2121 Pennsylvania Avenue, NW Washington, DC 20433 USA

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • April 09, 2024

    Financial Closure for Magdalena Trunks 1 and 2 Road Corridor Projects

    The National Infrastructure Agency (ANI) has announced the financial closure of the Magdalena Trunks 1 and 2 road corridor projects in Colombia. The Magdalena Trunks 1 and 2 projects, part...

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  • January 09, 2024

    US$30 million investment announced in African infra fund (AIIF4)

    The International Finance Corporation (IFC) has made a US$30 million equity investment in the Africa Infrastructure Investment Fund 4 (AIIF4). Managed by Africa Infrastructure Investment Manager...

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  • December 07, 2023

    Ugandan Government Advances Selection Process for Kampala-Jinja Expressway PPP Project

    The Uganda National Roads Authority (UNRA) has conducted a field visit for the Kampala - Jinja Expressway together with its financing partner, the IFC and donors the French Develop...

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  • November 13, 2023

    Project Development and Monitoring Facility (PDMF) to support more transport projects in Philippines

    The Project Development and Monitoring Facility (PDMF) approved the application for funding from the Department of Transportation (DOTr) for the provision of Transaction Advisory Services for tra...

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  • September 06, 2023

    Lenders to participate for Damietta port second container terminal project in Egypt

    The Damietta Port Authority (DPA) has granted a senior loan of up to US$125 million in favour of the Damietta Alliance Container Terminal (Borrower), a special purpose vehicle establish...

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  • August 16, 2023

    RFP issued for Airport Upgradation PPP Project in Pakistan

    The Civil Aviation Authority (CAA) of Pakistan has issued a Request for Proposals (RFP) for the development of Islamabad International Airport.

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  • July 13, 2023

    USD64 million Brazilian street lighting PPP auctioned

    The Conecta Ribeirão Preto Consortium has won an auction for the BRL316 million (US$64 million) public lighting PPP (Public-Private Partnership) in Ribeirão Preto, São Paulo...

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  • June 29, 2023

    IFC partnered with Mohammed VI Investment Fund to finance infra projects in Morocco

    The Mohammed VI Investment Fund and the International Finance Corporation (IFC) had signed a partnership agreement in Rabat to identify and finance sustainable infrastructure projects in Morocco. Und...

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  • June 02, 2023

    IFC plans impact loan for Dhaka hospital

    International Finance Corporation (IFC) has announced that it will contribute up to US$8.1 million loan equivalent in Bangladesh Taka (BDT) to Labaid Cardiac and General Hospital as a senior-secu...

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  • May 19, 2023

    Agreement signed for development of three hospitals PPP in Uzbekistan

    International Finance Corp (IFC) has signed an agreement with Uzbekistan’s government to structure a public-private partnership (PPP) that will construct, operate, and maintain 3 new multispecia...

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