Learn how #Namibia can grow its economy, create jobs, reduce inequality, and recover faster from #COVID19 by strengthening its private sector. All in a new report by & wrld.bg/vKsp30snGCL #NamibiaCPSD
IFC's COVID-19 Response
Here's how IFC is helping to protect jobs and businesses amid COVID-19 (coronavirus).
Photo via @IFC_orgIFC's COVID-19 Response
#COVID19 has contributed to the rise of #elearning. ’s report in partnership with and highlights how women in emerging markets can develop job skills & access post-secondary education via #onlinelearning wrld.bg/UkKk50K0q23 #Digital2Equal
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A record-breaking year for IFC, with our FY22 commitments reaching an all-time high of $32.8 billion. Read the latest news on our financial impact, particularly in IDA countries and FCS, trade finance, climate finance, and #COVID19 recovery. wrld.bg/rPvG30so4oa #IFCimpact
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A record-breaking year for , with our FY22 commitments reaching an all-time high of $32.8 billion.
Read the latest news on our financial impact, particularly in IDA countries & FCS, trade finance, climate finance, and #COVID19 recovery. wrld.bg/rPvG30so4oa #IFCimpact
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🚨 A record-breaking year. FY22 commitments reached all-time high: $32.8 billion.
🧵on our financial impact, particularly in countries and fragile + conflict-affected states, trade finance, climate finance + #COVID19 recovery wrld.bg/rPvG30so4oa #IFCimpact
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WATCH: IFC MD in conversation with Dr. Amadou Alpha Sall, Administrator General at , to discuss how the Institute is gearing up to manufacture 300 million #COVID19 vaccines per year made in Africa, for Africa🌍. #Vaccines4All wrld.bg/12YS50FVrp8
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Truly inspired by the way #African startups & entrepreneurs have kept innovating since the start of the #COVID19 crisis. I had a great discussion with CEO on how public & private sectors can best support them to achieve a #ResilientRecovery.
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The women’s #healthtech market could reach US$9.4 billion by 2024. With the right support, these companies could save the lives of millions of women & girls, whose safety & health have been greatly impacted by the #COVID19 pandemic. Let's make it happen: wrld.bg/WLCO50GoJUD
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▶️ WATCH on FEB. 11 at 2PM GMT: How can #Africa’s private sector support access to #COVID19 #vaccines on the continent? Register for an and event to learn more. wrld.bg/SGUL50Drsnr
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.’s gender media review is out! Explore:
👩🏾🤝👨🏿 Why closing gender gaps is essential to a #ResilientRecovery
📉 Why neglecting women to tackle #COVID19 is a losing business plan
🪟 How to be a glass-shattering organization
More stories: wrld.bg/ffwl50DsJft #IFCgender
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To end this pandemic, the cooperation shown by scientists in #COVID19 vaccine development should be replicated by governments, the private sector, and multilateral organizations to ensure no region is left behind. Hear more from Afsaneh Beschloss in #IFCinsights.
I recently spoke with the about the resilience of #Africa’s financial industry during #COVID19 & the region's growing shift towards a more digital economy. Read the full interview here: wrld.bg/YFfA50Dq9iQ
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An loan to #KIOO, #EastAfrica’s largest manufacturer of glass bottles, will help the company protect production and jobs through #COVID19-related slowdowns while investing in energy-efficient machinery. I will raise a glass to that!
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IFC approves $10m loan to boost Tanzanian glassmaker amid global COVID-19 challenges>>>bit.ly/3ciq2v8
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Keeping #India's flagship railway project on track and workers in jobs has been a struggle during COVID19. Learn how they responded to the challenge. wrld.bg/NaXb50DpvKc #ChangingLives
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😷 New hygiene and safety protocols
🏥 Adequate medical equipment
👩⚕ 👨⚕ Trained health workers
Find out some of the new measures that are saving lives at North West General Hospital in #Pakistan. wrld.bg/4WYs50DkPqL #IFCinsights
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🇮🇳 India x 👨🏫 winner x 🕮 Book on famines x 💉 Vaccines
Find out how these four are connected and why global leaders + health experts must pay attention to that connection in the fight against the #COVID19 pandemic: wrld.bg/DaRo30rujBV #IFCinsights
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#COVID19 is disrupting corporate value chains and causing significant challenges for suppliers, including women-owned #SMEs. Learn about strategies corporates can adopt to support SME suppliers in the Andean Region 🌎: wrld.bg/Y7qI50DoiNF #Sourcing2Equal #WeFi
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COVID19 has shown us our vulnerabilities, but has also provided us with an opportunity to rebuild greener, more resilient economies. Read my op-ed in with to learn how #Egypt w/ support from is leading the way wrld.bg/KzMv50Dnx5C
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“Our day-to-day operations completely changed – we have a new system now.”
Dr. Zia Ur Rehman, CEO of North West General Hospital in #Pakistan, shares how this leading private hospital is finding new approaches in the fight against #COVID19. wrld.bg/7FU830ruj4l #IFCinsights
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Creating #RespectfulWorkplaces in the #RenewableEnergy sector during #COVID19 can help address the gendered impacts of the crisis. Is your firm taking action to improve employee well-being? wants to hear from you! Survey ends Feb 19: wrld.bg/z9HL50DldQX #Energy2Equal
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#COVID19 is taking a heavy toll on economies across #Africa and the #MiddleEast, but paths to recovery are visible. I spoke with on how is supporting a stronger, more resilient private sector in the regions. wrld.bg/wN5T50C9NBj
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“Cooperation between the #publicsector and the #privatesectors will help #MENA to overcome the challenges presented by these unprecedented times.” spoke with on the long-lasting impact of #COVID19 on the economies of MENA & #Africa wrld.bg/wN5T50C9NBj
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#COVID19 is having a devastating impact on the poor and vulnerable, which is why nearly half the $4 billion committed under IFC’s fast-track financing facility aims to benefit the poorest countries and fragile states. wrld.bg/XgUj50C5ivg
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IFC’s latest analysis finds that urban centers feel the brunt of the #COVID19 pandemic. Find out how cities can respond to the pandemic, and provide essential services & social protection: wrld.bg/1H2250C80D4 #IFCcities #WorldCitiesDay
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The private sector is key to an inclusive, sustainable, and #resilientrecovery from the #COVID19 crisis. Here's how IFC's fast-track response is helping sustain businesses and preserve jobs. wrld.bg/XgUj50C5ivg
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The #coronavirus pandemic threatens to push 150 million people into extreme poverty by 2021.
Read 's interview with on how IFC is supporting those most in need, to sustain businesses and jobs, for a #resilientrecovery.
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How is the #COVID19 pandemic affecting #globaltrade? Check out IFC’s new report that compiles current facts and figures of global trade forecasts and its future outlook. wrld.bg/1dVi50C4ByG #IFCmarkets
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• Relief
• Restructuring
• Recovery
IFC is supporting the private sector developing countries hit hard by the #COVID19 crisis. Learn more about our #resilientrecovery journey.
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.’s #COVID19 financing facility is helping sustain businesses and preserve #jobs in every region. Here’s how we’re supporting the private sector in #Africa and #MENA for an inclusive, sustainable, and #resilientrecovery. wrld.bg/NG3I50C5ryK
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🌏 🌍 🌎 Global response, on-the-ground impact. We’ve committed fast-track #COVID19 financing in every region in which IFC operates. wrld.bg/XgUj50C5ivg
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IFC is standing shoulder to shoulder with our clients in the fight against #COVID19 in Latin America and the Caribbean: wrld.bg/ksop50C6iLl
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Amid #COVID19, nearly half of the $4 billion committed under IFC’s fast-track financing facility aims to benefit the poorest countries and fragile states.
#ResilientRecovery
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The #COVID19 pandemic is hitting countries in #Africa & the #MiddleEast hard. has now committed $4 billion of its global COVID-19 fast-track financing facility, nearly half of which aims to benefit the poorest countries and fragile states: wrld.bg/NG3I50C5ryK
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Keeping companies in business and preserving jobs is the goal of our #COVID19 response in Europe and Central Asia: wrld.bg/XgUj50C5ivg
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Here’s how is helping businesses in the #MiddleEast & North #Africa amid #COVID19: wrld.bg/XgUj50C5ivg
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. funding is helping small and medium-sized enterprises (#SMEs) in Nigeria in the fight against #COVID19: wrld.bg/XgUj50C5ivg
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In #Egypt, is helping ramp up lending to cash-strapped #SMEs in the fight against #COVID19: wrld.bg/XgUj50C5ivg #resilientrecovery
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.'s fast-track #COVID19 facility is helping sustain businesses and preserve #jobs in #Africa 🌍 wrld.bg/XgUj50C5ivg
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Private sector support is central to a sustainable, resilient, & inclusive global recovery from #COVID19.
The Group's goal for ’s fast-track facility is to supply needed liquidity to provide working capital, support jobs & facilitate trade.
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Ensuring a #sustainable #COVID19 recovery, especially in the poorest countries, will require a resilient private sector. We’ve disbursed $4B so far from @IFC_org’s #COVID19 facility, helping to keep businesses running & staff employed: wrld.bg/XgUj50C5ivg
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Ensuring a #sustainable #COVID19 recovery, especially in the poorest countries, will require a resilient private sector. We’ve disbursed $4B so far from ’s #COVID19 facility, helping to keep businesses running & staff employed: wrld.bg/XgUj50C5ivg
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Within the COVID-19 crisis, IFC found an opportunity to reposition ourselves for bigger impact in private sector development. Here's how we are #MeetingTheMoment in climate business, gender finance, healthcare, and more: wrld.bg/3klZ50GneAz #IFCAnnualReport
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As countries around the world battle #COVID19, a troubling gap has come to light: there simply isn't enough medical equipment to go around. IFC's new Global Health Platform will boost supply of face masks, ventilators and, eventually, vaccines.
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IFC’s new $4-billion financing platform will help increase the supply to developing countries of health supplies needed to fight the #COVID19 pandemic - wrld.bg/FGKx50ALuVb #IFCmarkets
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Excellent coverage of how IFC supports developing countries get critical medical supplies to fight #COVID19, keep companies solvent and #BuildBackBetter, collaborating with partners like . Here is the article w/my interview: nytimes.com/reuters/2020/0
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IFC’s new $4-billion financing platform will help increase the supply to developing countries of health supplies needed to fight the #COVID19 pandemic: wrld.bg/FGKx50ALuVb #IFCmarkets
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$60+ billion is required to meet the surge in demand triggered by the #COVID19 pandemic. We’re working with partner organizations to help meet this financing need: wrld.bg/FGKx50ALuVb #IFCmarkets
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As the world battles #coronavirus there are not enough medical masks, ventilators & test kits. IFC’s new Global Health Platform will tackle the shortfall in developing countries via financing to manufacturers, suppliers + healthcare providers.
wrld.bg/FGKx50ALuVb
#IFCmarkets
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Great to speak with and today about the $4 billion Global Health Platform we just launched to boost #healthcare supplies and services to developing countries where #COVID19 is surging. af.reuters.com/article/commod
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Good news for Nigeria 🇳🇬!
IFC is providing a loan of up to $50 million to to help the bank increase liquidity to thousands of small and medium-sized enterprises in the country as they navigate the economic challenges of #COVID19.
wrld.bg/dzdZ50AEoq7
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Small and medium enterprises are especially vulnerable to the current recession. Yesterday we announced a US$100 million loan to support Banco Daycoval, a leading Brazilian bank, to expand access to finance for SMEs there, including women-owned businesses: bit.ly/391e45z
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Cities 🏙️ in developing countries are grappling with tons of uncollected waste that pose risks to health workers amidst #COVID19. IFC’s new waste sector analysis explains how governments and the private sector can work together to find sustainable solutions.
#IFCinfrastructure
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#Coronavirus has exposed existing inequalities and hit the most vulnerable hardest.
, CEO of , said in this new #IFCinsights edition: “The #COVID19 crisis has put the spotlight on the need for greater electrification.” wrld.bg/Qm7E50A7hcY
#SDG7
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Strive Masiyiwa, a special envoy for the on #COVID19, speaks to #IFCinsights on Africa's response to the #coronavirus pandemic and the role of the #privatesector as a vehicle for reconstruction.
Read here.
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The Group's emergency operations to fight #COVID19 have reached 100 countries. This includes IFC's fast-tracked financial support to maintain the private sector, jobs, and livelihoods.
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Low-income households🏘️, women-owned small /medium enterprises and sustainable🌱agribusiness in Colombia🇨🇴 are hard hit by #COVID19.
That's why IFC provided Banco Davivienda a $100 million loan to boost lending to these groups and businesses in need. wrld.bg/XlWt50zz40X
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IFC is deploying $8 billion💰 in fast-track financial support to help companies continue to operate, preserve jobs, and recover from the #COVID19 outbreak.
Learn more from our response timeline.👇 #IFCMarkets wrld.bg/QZPD50zxPaB
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In a developing country like #Kenya 🇰🇪, the impact of #COVID19 hits hard on the private sector. Businesses are at risk of shutting down, affecting livelihoods and the economy.
is focused on protecting jobs, creating new industries & recovery. #IFCinsights
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During this #coronavirus pandemic, technology 💻 is helping to quickly shift the needs of customers. developed a technological platform that connects truck drivers 🚛 with companies that need cargo delivered.
#IFCinsights #COVID19
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“IFC is strongly committed to helping countries address the economic challenges triggered by the #COVID19 outbreak.” -, IFC CEO | Learn about our support to banks in Vietnam. #IFCmarkets
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In addition to the significant health impacts of the #coronavirus, the global economic impacts have been severe. As the crisis evolves, IFC is working to save jobs, protect livelihoods, and help businesses stay alive. Get all the details here: wrld.bg/TixF50zeaii #COVID19
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Our #BankingOnWomen team is assessing the most urgent challenges faced by women business owners affected by #COVID19. We’re working with financial institutions to help safeguard health & livelihoods. wrld.bg/eXTm50z8maC
#virtualmeeting with
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When Jessica Alfaro finishes her IFC work for the day, her second “job” begins: serenading 🎻🎶 her neighbors from her balcony.
#COVID19 #IFCmarkets #StayAtHome
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The #COVID19 pandemic has brought the world 🌍 to a standstill. But even after this health emergency🚨 is over, its impact on economies and living standards will still be felt. Find out how IFC & are helping the private sector recover faster: wrld.bg/Ys0D50yXEnA
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The human & economic cost of the #COVID19 pandemic is mounting. Our thoughts go to those who have suffered loss & hardship in these unprecedented times. At IFC, we are doubling efforts to help businesses, economies and jobs cope and recover from the crisis bit.ly/2JhLDV2
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Micro, small and medium-size enterprises face many challenges in their day to day operations. The #COVID19 pandemic is making them even more vulnerable to global shocks. Find out what IFC is doing to help: wrld.bg/i7zY30qqPHN
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“A global recession hurts the poorest and most vulnerable the most and we need to keep that in mind as we think about our longer-term strategy for dealing with #COVID19.” - IFC's Chief Operating Officer wrld.bg/4N9930qrlel via
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As the effects of the #COVID19 pandemic spread globally, IFC is increasing its fast-track financing to support private companies to strengthen their resilience and protect jobs. Read more about IFC’s $8 billion financing package. 👇🏽
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IFC will also provide financing to clients in economic sectors directly affected by #COVID19, including 🧳 tourism, 🚌 transport and 🏭 manufacturing, as well as pivotal sectors involved in responding to the pandemic. wrld.bg/T05530qqyts
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CEO says IFC’s $8 billion financing package will help our clients to sustain their operations during this difficult period, and better equip the private sector to recover from economic shocks. wrld.bg/T05530qqyts
#COVID19
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In response to the intensifying #COVID19 pandemic, IFC is increasing lending to businesses affected by the outbreak and client banking institutions from $6 to $8 billion. Learn more: wrld.bg/T05530qqyts
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The economic and financial damage caused by the #COVID19 pandemic is already evident. Lives, businesses, jobs, and livelihoods are at risk. Here’s what IFC is doing at this critical moment to help.
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Thousands of lives lost. Close to 200,000 confirmed cases.
But the #COVID19 pandemic is not only a health crisis. The jobs and livelihoods of people around the 🌎🌍🌏 are also under threat. Find out what IFC is doing to help 👇
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The #COVID19 pandemic is putting global health systems, economies, and businesses under tremendous strain.
Learn about the Group’s $14 billion assistance for countries, businesses, and workers: wrld.bg/T05530qqyts
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As the effects of the #COVID19 pandemic spread globally, IFC is increasing its fast-track financing to support private companies to strengthen their resilience and protect jobs.
Read more about IFC’s $8 billion financing package: wrld.bg/T05530qqyts
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The Group just announced an increased $14 billion package of fast-track financing to help sustain economies, support businesses, and protect jobs, amid the #COVID19 pandemic.
Find out more: wrld.bg/T05530qqyts
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How can we support jobs and growth amid the spread of #COVID19?
Find out how IFC is working with financial institutions to cushion companies, in particular SMEs, against the outbreak. #IFCimpact
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As part of the World Bank Group #COVID19 package, IFC will work with commercial bank clients to expand trade finance & working capital lines. We will directly support corporate clients focused on medical equipment & pharmaceuticals to sustain supply-chains+limit downside risks.
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Today, @DavidMalpassWBG announced an initial World Bank Group package of up to $12 billion in immediate support for countries coping with #COVID19. This package will include emergency financing, policy advice, and technical assistance. Read more here: wrld.bg/c7r930qmL95
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.'s MD had the great pleasure of welcoming 's to our HQ in #Washington, DC.
They discussed concrete ways to strengthen their collaboration to better support #Africa’s private sector development as part of the #COVID19 recovery.
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As the world takes stock of the scale and impact of the #COVID19 outbreak, IFC is working closely with other members of the Group to help reduce the impact on businesses and economies. wrld.bg/RAsl30qlgFt
#IFCimpact
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The spread of #COVID19 has caused business disruptions in #Vietnam. See how IFC is responding through increased trade finance limits to support businesses during this challenging period. wrld.bg/4wxK50yuCZK
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A record-breaking year for IFC, with our FY22 commitments reaching an all-time high of $32.8 billion. Read the latest news on our financial impact, particularly in IDA countries and FCS, trade finance, climate finance, and #COVID19 recovery. #IFCimpact
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#COVID19 has exposed the urgent need for health systems to be well stocked w/ essential medicines and products likes gloves, masks, & sanitizers. In #Africa, all of these will be more readily available thanks to a new partnership between & Avacare wrld.bg/bxcf30slXA6
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Made in Africa, for Africa. Congratulations and on this key milestone to advance the development & delivery of #COVID19 vaccines, and other vaccines, on the continent. is proud to support this game-changing initiative: bit.ly/3nDEVgD.
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The @CEPIvaccines and @PasteurDakar have signed a Memorandum of Understanding (MoU) to formalize the partnership between the two organizations to advance IPD’s #MADIBA project, a regional manufacturing hub for #COVID19 and other vaccines in Dakar.
pasteur.sn/en/news/actual
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In a live interview with , reaffirmed IFC’s commitment to help with the #COVID19 recovery in emerging markets in 2022 by:
☑️increasing our investments by 10-15%
☑️focusing on mobilization and helping investors tap into new opportunities
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