IFC is ramping up its work in the country, extending access to the internet, supporting farmers, and making it easier for small business to obtain loans.
IFC plays a leading role in addressing the challenges facing the Middle East and North Africa by supporting private enterprise and encouraging economic development, a strategy designed to make life better for the 350 million people who call the region home.
Our investment and advisory teams work hand-in-hand to boost investor confidence, support smaller businesses, and promote women entrepreneurship, among a host of other important initiatives. Despite the recent events in many countries, our investments reached a record $2.9 billion during the last year, including $754 million in mobilization. We launched 27 advisory projects with a total value of $20.2 million.