IFC and Partners Launch Water Resources Group in Davos
The Water Resources Group, an innovative, multi-stakeholder partnership that aims to improve water security was launched at the World Economic Forum in Davos, Switzerland recently.
IFC Power Client and Project Earn Project Finance Awards
An IFC client, ACWA Power, and an IFC project, Zorlu Wind, have been recognized by two leading infrastructure trade publications. Thompson Reuters’ Project Finance International
IFC Discusses Transformational Infrastructure at Summit
In December 2011, the transformational impact of infrastructure development for low- and middle-income countries was brought to light at the World Infrastructure Summit
IFC leads successful turnaround effort for Kenya Uganda Rail
East Africa’s transportation network is taking a turn for the better, following the August 2 signing ceremony for a $164 financing package to rehabilitate the Kenya Uganda Railway, a vital trade link from the coast of Kenya into Uganda.
The need for infrastructure improvements in the developing world is critical. Untold numbers of businesses suffer from lack of reliable power for industrial processes or because they cannot get their goods to the market. At the most basic level, millions of lives are threatened every day for lack of clean water or safe sanitation. Investment in infrastructure projects forms a key part of IFC's institutional strategy. We deliver landmark projects with high direct and indirect impact on the poor. In recent years, our focus has shifted to frontier countries and regions, where our services are most needed.