Jobs are essential to reducing poverty, promoting shared prosperity, building self-sufficient economies, and strengthening social stability. Between 2025 and 2035, about 1.2 billion young people will reach working age in developing economies. Meeting the global jobs challenge demands urgency and scale. This World Bank Group brief, 𝑇ℎ𝑒 𝐺𝑙𝑜𝑏𝑎𝑙 𝐽𝑜𝑏𝑠 𝐶ℎ𝑎𝑙𝑙𝑒𝑛𝑔𝑒, highlights three policy pillars essential for job creation: foundational infrastructure, a business-friendly environment, and mobilization of private capital. Download and read to see how the World Bank Group is advancing a comprehensive jobs strategy, mobilizing public finance, knowledge, private capital, and risk management tools: https://lnkd.in/gV3GaqNR
IFC - International Finance Corporation
Financial Services
Washington, DC 979,115 followers
About us
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges. Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment. IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources. For more information, visit www.ifc.org. https://youtube.com/shorts/UWDx7dWuPgg?feature=share
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https://www.ifc.org/en/about
External link for IFC - International Finance Corporation
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Washington, DC
- Type
- Privately Held
- Specialties
- IFC Investment Services, IFC Advisory Services, IFC Asset Management Company, private sector development, development finance, private equity, and resource mobilization
Locations
Employees at IFC - International Finance Corporation
Updates
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"To create more jobs and prosperity is to do agriculture." Agriculture remains one of Africa’s largest sources of employment — and one of its greatest opportunities for job creation. Speaking with IFC Managing Director Makhtar Diop, Aliko Dangote Dangote Industries Limited outlines his expansion across fertilizer production, irrigation‑dependent agriculture, and food systems, with job creation at the center. The discussion explores how investment in inputs, water, and infrastructure can support productivity, incomes, and employment across rural economies: http://wrld.bg/1TBf50YWF56
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Small businesses power Kazakhstan. They account for nearly every registered firm, employ close to half the workforce, and generate 36.5% of GDP. But access to finance remains a major barrier — with an estimated $42 billion gap. Nearly half of these businesses are owned or led by women. IFC is working to close that gap. Through ~$300 million in support to Компания KMF, alongside partnerships with Arnur Credit, ACF, and Shinhan Finance, IFC has expanded access to finance for thousands of MSMEs across Kazakhstan, with a focus on women-led and rural businesses. The impact is tangible: a farm now employing five, a beauty salon with 20 specialists that has certified over 3,000 professionals, a village daycare with an all-women staff of 18. Each built by a woman entrepreneur who got financing through Компания KMF when traditional banks said no. This is part of IFC's #BankingOnWomen initiative — active across 325 financial institutions in 84 countries. Find out more: http://wrld.bg/AEfP50Z2PcV
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Micro, small and medium-sized enterprises are the engines of growth in emerging markets and developing economies, comprising more than 90% of all firms and accounting for nearly 70% of total employment. Despite their critical role, these businesses often lack access to the finance they need to grow and create jobs. Credit information sharing (CIS) is central to addressing this challenge. CIS can help reduce problematic information gaps between would-be borrowers and lenders by giving lenders a fuller, more accurate picture of credit risk – one that doesn’t depend solely on physical collateral or traditional credit histories. Learn more about how CIS can drive a more inclusive financial system in this blog: http://wrld.bg/hriP50Z2N6X
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🔵 May 28 | 4 – 5 PM EST Emerging markets need significantly more private capital to meet growing demand for jobs and growth. But mobilizing investment at scale will require continued innovation in how risk is structured, distributed, and understood. On May 28, IFC and Moody’s Ratings convene senior investment leaders to discuss the future of private capital investment in emerging asset classes. Featuring John Gandolfo, IFC Vice President & CFO, and Atsi Sheth, Chief Credit Officer at Moody's Ratings. Watch live here. #InstitutionalInvestors #PrivateCapital #EmergingMarkets IFC Mobilization & Funding
Unlocking Private Capital Investment in Emerging Asset Classes
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Fifty years ago, IFC - International Finance Corporation made its first investment in #Egypt. What followed was five decades of partnership that built industries, opened markets, and created opportunity across one of Africa's most dynamic economies. Learn more: http://wrld.bg/jq7g50Z2BCf #IFC50Egypt
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When we talk about health security, we often focus on hospitals and doctors. But access to medicine starts much earlier — in manufacturing plants, distribution networks, and the companies willing to invest in getting high-demand drugs to people in a timely way. Grupo Neolpharma, an IFC investee based in Mexico, is doing exactly that. With 3,300 employees and medicines exported to 12 countries, they’re proving that a locally-grown pharmaceutical company can serve millions across Latin America — at prices 65% lower than the cost of patented products. “The absence of local manufacturing shouldn’t be a reason why you get stuck with old technologies as others advance.” — Santiago Cornejo, PAHO. Read how IFC is helping to build a stronger pharmaceutical ecosystem across Latin America and the Caribbean ➡️ http://wrld.bg/sVYP50YLePf
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💳Fiji is stepping into the future with digital payments! For Fatala Roma, an office cleaner in Suva, Fiji, sending much-needed money home to her family used to take days. Now, with a simple swipe on her MyCash mobile wallet, Roma’s mother receives funds instantly—200 km away on Fiji’s second main island, Vanua Levu. This is just one example of how Fiji’s National Payment System reforms—supported by The World Bank Group—are transforming financial transactions. By making payments faster, more secure, and more accessible, the reforms are improving financial inclusion, business efficiency, and tourism competitiveness. From small businesses like Supercuts, a barber shop in downtown Suva, to Fintech startups like Solé, a financial platform for Indigenous Fijians, #Fiji is embracing a cashless future—one that empowers citizens, supports economic growth, and even strengthens climate resilience. 🌍 What does a cashless economy mean for the future of developing nations? Share with us your thoughts below.
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“The private sector is vital to be able to grow the economies that we’re trying to work with.” Baroness Jenny Chapman, UK Minister of State (International Development and Africa), discusses why partnerships between governments, development finance institutions, and investors are critical to meeting today’s development challenges. By helping reduce barriers and mobilize capital, IFC supports investment that can create jobs, strengthen businesses, and drive long-term growth across emerging markets. Watch the full conversation here: https://lnkd.in/ey34vbej Foreign, Commonwealth and Development Office
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A $2.5 trillion trade finance gap persists, especially in the markets where that access matters the most. For SMEs in emerging markets, trade finance can mean an SME owner in Africa getting a shipment crossing a border and pay its vendors. These firms are among the first to feel the squeeze when global trade is disrupted, and the hardest hit when financing dries up. IFC's inaugural Trade Finance Synthetic Securitization is a new approach to tackling that gap. Rather than transferring risk on individual exposures, we've built a portfolio approach for short-term trade assets — replicable, scalable, and designed to continuously replenish as assets turn over. For every dollar of risk IFC retains, private investors are taking on up to $19. That's how you mobilize capital at the scale the challenge requires. And we are focusing on the most underserved regions: More than half of the portfolio is concentrated in low-income and fragile and conflict-affected states. In the last 20 years, IFC's Global Trade Finance Program has provided $137 billion in trade finance support across more than 100 emerging markets. This transaction is about building the capacity to do even more — by bringing in private partners through a model we can scale. Learn more: http://wrld.bg/Oo3A50Z1Lua
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