IFC News
Latest articles and news about IFC on AXL Media.
Latest Articles
- Nigeria Secures $83 Million IFC-Backed Funding to Scale Off-Grid Renewable Energy Under DARES Program
Published: Apr 18, 2026
Section: Africa
A group of Nigerian off-grid power developers has secured approximately $83 million in financing supported by the International Finance Corporation (IFC). The funding, part of the...
- Sahara Power Group GMD Kola Adesina Joins World Bank-AfDB Mission 300 Council to Electrify Africa
Published: Apr 17, 2026
Section: Africa
Dr. Kola Adesina, GMD of Sahara Power Group, has been appointed to the Mission 300 Private Sector Council. This elite 14-member global body, launched by the World Bank, African Dev...
- World Bank And Citigroup Launch Ninety-Eight Million Dollar Rand Facility To Stabilize South African Lending
Published: Apr 16, 2026
Section: Africa
The World Bank’s International Finance Corporation and Citigroup have introduced a 1.6 billion rand financing facility to expand local currency access for South African businesses....
- IFC and Citi Finalize R1.6 Billion Agreement to Expand Local Currency Lending for South African Infrastructure
Published: Apr 15, 2026
Section: Africa
The International Finance Corporation has signed a landmark R1.6-billion borrowing facility with Citi to enhance its local currency financing capacity in South Africa. This agreeme...
- Sahara Group CEO Kola Adesina Appointed to World Bank Mission 300 Council to Electrify Africa
Published: Apr 2, 2026
Section: Africa
Kola Adesina, CEO of Sahara Group, has joined the Mission 300 Private Sector Council, a global initiative led by the World Bank and African Development Bank. The council aims to mo...