Industry Newsroom

IFC Provides Combined USD319m in Loans to Four African Businesses

International Finance Corporation (IFC) has agreed to provide up to USD319m in loans to four businesses in Africa. Specifically, IFC will provide loans of USD185m to The Standard Bank of South Africa, USD100m to Egypt’s Commercial International Bank, USD28.2m to NSIA Banque Côte d’Ivoire, and USD5.2m to Ghanaian health care business Nyhao Medical Centre. Read more on the investments in SBSA, CIB, NSIA, and Nyhao.