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The partnership with the PCMA represents the continuation of IFC’s efforts to support the growth of the private sector in the West Bank and Gaza. In last few years, IFC has invested almost $100 million in the Palestinian private sector while offering a wide-ranging advisory services program.

E&S Category Rationale / Risks and Mitigation . Contacts . Sponsor / Cost / Location

IFC’s $1 million equity investment in the fund in 2016 was a big boost to Ibtikar. It helped fill a critical funding gap for entrepreneurs in the West Bank and Gaza. “So far, we’ve invested in 19 different companies. We support them and mentor them, make sure they have good governance, and try to ensure as few barriers for investors as ...

In 2016, the worlds’ cities generated 2.01 billion tons of solid waste, amounting to a footprint of 0.74 kilograms per person per day. By 2050, this number is projected to climb to 3.4 billion. Poorly managed waste has an enormous impact on people’s well-being, the environment, and national economies that often results in higher costs for ...

IFC has embarked on a regional partnership with the Government of the Netherlands to support development across the MENA region, where the local economic problems and unrest have been exacerbated by COVID-19. The $70 million IFC-Netherlands partnership includes a dedicated $22 million blended finance facility, Alafaq Aljadida (New Horizons), to ...

West Bank and Gaza (pp. 44-45) and others attractive private capital and expertise for their infrastructure needs. • base of the Pyramid: Expanding low-cost private infrastructure businesses that especially target the poorest consumers, such as Altobridge’s remote telecom access service (see pp. 46-47). Infrastructure is an essential

people in the West Bank and Gaza. We have also developed shariah-compliant housing finance and pioneered housing microfinance in Afghanistan and tunisia. We provided housing finance training in Pakistan and have efforts underway in egypt, iraq, and the West Bank and Gaza. in Ghana, iFc worked with four banks as part of a larger

Entrepreneurship. Women play a critical role in the global economy as entrepreneurs. They help create jobs, generate income, and boost revenue—driving economies while reducing inequalities between women and men. In many emerging economies, women are starting businesses at a faster rate than men, significantly contributing to the economic growth.

In FY 2021, our Global Trade Finance Program supported transactions worth $6.2 billion globally. Through the program, IFC supported $4.2 billion trade in IDA countries and Fragile and Conflict Affected States. None of this would have been possible without the support of our trade finance partners. IFC is grateful to recognize its leading ...

Former Minister of Finance, Timor-Leste Special Envoy, g7+. Latest or upcoming appearance: October 7, 2016. Emília Pires was Timor-Leste's Minister of Finance from 2007 to 2015 under the leadership of Prime Minister Xanana Gusmao. In July 2012, Ms. Pires was appointed by the Secretary-General of United Nations, Ban Ki-moon, to the 26-member ...