IFC’s $22 Billion Africa Push Runs Up Against Shallow Markets

The International Finance Corporation aims to deploy $22 billion in Africa over five years while working to attract additional commercial investment to the continent. According to an IFC official, the effort requires development of deeper financial markets so that each dollar deployed can draw $10 in additional private capital. The IFC is coordinating with governments and regulators on market infrastructure improvements to support this goal.

• Bloomberg — IFC’s $22 Billion Africa Push Runs Up Against Shallow Markets

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