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IFC

World Bank's IFC gives $75mn debt financing to Yemeni food group

World Bank's IFC gives $75mn debt financing to Yemeni food group

  • IFC said it is its first investment in Yemen's agribusiness sector in more than 10 years
  • IFC's financing package will help reduce food shortages and ensure supply chain sustainability, including the supply of staple foods to towns and villages across Yemen
Published 10 Aug, 2021 08:36pm
The IFC-WB report
Editorials

The IFC-WB report

EDITORIAL: Nobody, at least in Pakistan, is surprised that a report by the International Finance Corporation (IFC)...
Published 06 Jun, 2021 02:56am
MTN South Africa teams up with World Bank's IFC on mobile money
Business & Finance

MTN South Africa teams up with World Bank's IFC on mobile money

  • Mobile financial services have become a significant part of African telecom operators' businesses since Kenya's Safaricom pioneered an alternative to banks with M-Pesa in 2007.
  • "This partnership provides the opportunity to bridge the digital divide and broaden financial inclusion in South Africa," Felix Kamenga, Chief Officer for Mobile Financial Services at MTN South Africa, said.
Published 19 May, 2021 06:31pm