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Creating Opportunity Where It's Needed Most
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Europe, Middle East & North Africa
Europe, Middle East & North Africa
IFC Helps Bulgaria Harness Wind and Solar Power
No debate, the world must move to cleaner power sources. The private sector can push this transition to reality, and IFC can help address climate change in many ways, including finding new markets for proven technologies in wind and solar power
Improving Corporate Governance in Southern Europe
Corporate governance has been gradually emerging as a key business concept in the countries of southern Europe, in particular as countries in the region seek foreign direct investment and are progressing on the EU path
IFC Works to Spur Growth in Morocco and Tunisia
April 16, 2012—It has been a difficult year for businesses in the Maghreb countries of North Africa, including Tunisia and Morocco. Unrest and fallout from the European debt crisis have put a damper on growth
World Bank Group Says $27 Billion Available to ECA Countries Affected by Eurozone Crisis
January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.
IFC Supports Public-Private Partnerships for Solid Waste in the West Bank
December 22, 2011 --- IFC is helping improve sanitation services for nearly a million Palestinians by advising West Bank authorities on how to include the private sector in the operational structure of a new sanitary landfill.
IFC in Europe, Middle East & North Africa (EMENA)
IFC's EMENA region covers the sub-regions of Europe and Central Asia and Middle East and North Africa. Our purpose is to support private sector development and growth to create opportunity for people to escape poverty and improve their lives.
The EMENA region covers 52 countries presenting a diverse range of development challenges.
Our priorities are to reach more of the region's poor and vulnerable, create jobs, increase access to infrastructure, support agricultural development, and tackle climate change.
In fiscal year 2011, IFC commitments in the EMENA region totaled $5.8 billion, representing nearly a third of our total commitments worldwide.
IFC in Europe and Central Asia
In fiscal year 2011 (July 1, 2010 - June 30, 2011), IFC commitments in the region totaled $4.3 billion, including $1.6 billion in syndicated and parallel loans, and funds mobilized from other investors.
IFC in the Middle East and North Africa
In fiscal year 2011 (July 1, 2010 - June 30, 2011), IFC invested $1.5 billion in the Middle East and North Africa, covering 49 projects in 14 countries. We also provided advisory services in 11 MENA nations.
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