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Green transition and job creation in Africa: IFC invests 11.5 billion dollars in 40 countries over one year

13/09/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The International Finance Corporation (IFC) organized a press breakfast at its headquarters in Dakar, Senegal. On the occasion, the IFC Regional Director for West Africa reveals that between July 1, 2022 and June 30, 2023, IFC invested 11.5 billion dollars in 40 countries, representing the volume of annual financing “the largest ever operated on the

continent”.

IFC organized a meeting with journalists from Senegal and elsewhere, the aim of which is to meet the IFC Regional Director for West Africa, Olivier Buyoya, and his teams, but also to discuss D& issues. developments on which the institution is working in Senegal and in the region. During the discussions, Olivier Buyoya pointed out that during his last fiscal year, his institution granted a record amount of financing for Africa and this helped to “accelerate the continent's energy transition, develop a greener and sustainable manufacturing industry, and increase intra-African trade

.”

Aussi, a-t-il indiqué qu' entre On July 1, 2022, and June 30, 2023, IFC invested $11.5 billion in 40 countries, representing the “largest annual financing volume ever made on the continent”. This support includes 1.12 billion dollars for trade finance; 876 million dollars dedicated to the energy transition in Africa and 1.98 billion dollars to help small businesses develop and create jobs

.
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