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

City:
Washington
Address:
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

  • October 14, 2024

    RFQ issued for 800-bed hospital development project in Fergana region

    The Government of the Republic of Uzbekistan (GoU), through the Ministry of Health (MoH) and the Ministry of Economy and Finance (MoEF), has planned to undertake a Public Private Partnership (PPP) pro...

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  • August 27, 2024

    Private Sector Invited to Participate in Nadi International Airport Development Plan

    The Government of Fiji has invited private partners to participate in the masterplan to develop the Nadi International Airport located 5 km from Nadi town on the western side of Viti Levu, F...

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  • August 01, 2024

    Financing announced for China Zorrilla electric ferry (e-ferry) between Argentina-Uruguay route

    Buquebus (Los Cipreses SA) has announced the financing of the China Zorrilla electric ferry (e-ferry), which will link Buenos Aires, Argentina, and Colonia del Sacra...

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  • June 14, 2024

    EOI Requested For Tunisia Phosphate Green PSP Program – Slurry pipeline technical support

    The International Finance Corporation (IFC) is seeking an engineering consultancy firm to support IFC and its government client in conducting feasibility studies, developing a preliminary design and t...

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  • June 14, 2024

    Legal consultancy sought for Tunisia Phosphate Green PSP Program

    The International Finance Corporation (IFC) is seeking a legal consultancy firm or consortium of firms to support the IFC and the Tunisian government with all the legal aspects related to implementing...

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  • June 14, 2024

    Engineering consultancy sought for Water desalination & Solar plant in Tunisia

    The International Finance Corporation (IFC) is seeking an engineering consultancy firm (or consortium) to support the IFC and its government client in defining and designing the water desalination pla...

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  • May 30, 2024

    IFC Finalizes Baghdad Airport Development Plan

    The Iraqi Federal Ministry of Transport has announced that the International Finance Corporation (IFC) has reached the final stages of the development plan for Baghdad International Airport. An agree...

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  • 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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