Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
As part of the World Bank Group delegation, IFC showcased its efforts to accelerate the transition to low-carbon, resilient and inclusive growth in emerging markets.
The Republic of Korea has announced a 45% increase in its contribution to the World Bank’s International Development Association (IDA). Korea is also set to host the final IDA21 replenishment meeting in Seoul on December 5-6.
In Tanzania, the largest glass manufacturer in East Africa has long been a leader in sustainable manufacturing, and is now looking to double the amount of glass that it recycles annualy, equaivalent to more than 100 million bottles.
A public-private partnership in Jamaica has led to a substantial upgrade of the Norman Manley International Airport in Kingston, resulting in the creation of jobs and providing a revenue share to the government.
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.
We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and other challenges.
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
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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.