INTERNATIONAL FINANCE CORPORATION Archives

MAKHTAR DIOP BECOMES FIRST AFRICAN NATIONAL TO LEAD THE INTERNATIONAL FINANCE CORPORATION

Posted on February 18, 2021February 18, 2021 by Gambeta News

WASHINGTON, February 18, 2021—World Bank Group President David Malpass today announced the appointment of Makhtar Diop as Managing Director and Executive Vice President to head the International Finance Corporation (IFC), an arm of the World Bank Group that advances economic development and improves the lives of people by encouraging growth of the private sector in developing countries. “Makhtar Diop has deep development and finance experience and a career of energetic leadership and service to developing countries…

IFC OPERATIONS ANALYST – TOGO

Posted on January 13, 2021January 13, 2021 by Gambeta News

Description IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For…

ROADS AS AN ENABLER FOR FOOD SECURITY IN ETHIOPIA

Posted on January 6, 2021January 6, 2021 by Gambeta News

Food security goes beyond ensuring a steady supply. Dependable logistics are key components necessary to move food—and production inputs—from one place to another. In Ethiopia, a landlocked country of 110 million people with 85 percent of its population engaged in agriculture, timely access to agricultural inputs is vital. The East African nation imported more than 1.4 million tons of fertilizers last year. With no direct access to the sea, Ethiopia is forced to rely on…