ABSTRACT
International Finance Corporation (IFC) aims to advance the economies of developing member countries by lending directly without the need for government guarantees to sustainable private enterprises, and by providing expert advisory services. IFC finances private sector projects either through loans from its own account; through equity and quasi-equity financing and syndicated loans; or through partial credit guarantees and risk management products. IFC also mobilizes additional resources from other financial institutions, in particular through syndicated loans, thus providing access to international capital markets. An IFC 3.0 Strategy, implemented from 2018, aimed to identify market opportunities, generate markets, and boost investment from private sector sources, with a particular focus on designing profitable initiatives with strong development impacts in regions with high rates of poverty and fragility. IFC manages, jointly financed with the world bank and MIGA, the foreign investment advisory service, which provides technical assistance and advice on promoting foreign investment.
