Gaza needs about 570 megawatts of power to function. Right now, it has less than one-quarter of that. That’s why doing business is an uphill battle for companies throughout Gaza. Al Seksek, for example, has nine assembly lines, but only one is operational.
Bank and Gaza, and offers women entrepreneurs the opportunity to sell their products and services to the millions of tourists visiting the region annually. was created to facilitate networking and the exchange of ideas, challenges, and solutions. To address mobility constraints between Gaza and West Bank, the bank conducted sessions via
The official poverty rate dates back to 2011 and was 25.8%, with Gaza at a much higher rate of 40 percent compared to 18 percent in the West Bank (see Table 2). Nearly 80 percent of Gaza’s residents receive some form of aid.5 Table 2: Poverty Rates as Measured by Household Consumption in Palestine, 2011 Poverty Deep Poverty
REINVENTING BUSINESS THROUGH DISRUPTIVE TECHNOLOGIES. Sector Trends and Investment Opportunities for Firms in Emerging Markets. ... Social Media Help Women Entrepreneurs Build Networks in the West Bank and Gaza 77 BOX 11.2 . Women Entrepreneurs Light the Way 78. AAD advanced anaerobic digestion.
GTFP Issuing Banks list
The Middle East and North Africa is brimming with potential. But long-standing problems like power shortages, youth unemployment, and a lack of access to finance have conspired to hold back economic growth in this region of 350 million.
The Global Trade Finance Program (GTFP) extends and complements the capacity of banks to deliver trade financing by providing risk mitigation in new or challenging markets where trade lines may be constrained. Under GTFP, IFC has issued guarantees covering over 54,000 transactions to date for more than $60 billion.
The Infrastructure Development Collaboration Partnership Fund (DevCo) is a multi-donor facility managed by IFC. DevCo is part of the Private Infrastructure Development Group (PIDG), and receives funding from the Ministry of Foreign Affairs of the Netherlands (DGIS), the Swedish International Development Cooperation Agency (Sida), and the UK Department for International Development (DFID).
September 9, 2010 - Bank of Palestine is working closely with IFC in meeting several priority needs in the West Bank and Gaza, beginning with the offering of combined investment and advisory products. Over the past year, IFC’s Advisory Services team in Middle East and North Africa has been working hand-in-hand with the bank’s management to help it create a solid risk management system.
A strong and engaged private sector is indispensable to ending extreme poverty and boosting shared prosperity. That’s where IFC comes in—we have more than 60 years of experience in unlocking private investment, creating markets and opportunities where they’re needed most. Since 1956, IFC has leveraged $2.6 billion in capital to deliver more than $265 billion in financing for businesses ...