Tag Archives: IFC

EBRD and IFC Invest in Bank of Palestine to Strengthen Palestinian Economy Amid Crisis

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have acquired equity stakes in Bank of Palestine to support its capital base amid the challenging economic conditions in the region. The investment will … Read the full press release

Societe Generale and IFC Strengthen Partnership to Accelerate Sustainable Finance in Developing Countries

(IN BRIEF) Societe Generale and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Collaboration Framework Agreement to further their collaboration on sustainable finance initiatives in developing countries, aligning with their shared commitment to … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release

La BERD accorde un prêt de 29 millions d’euros pour développer la première grande centrale solaire photovoltaïque d’Albanie

(ACTUALITÉ EN BREF) La Banque européenne pour la reconstruction et le développement (BERD) a accordé un prêt de 29 millions d’euros à un véhicule ad hoc appartenant au français Voltalia pour développer la centrale solaire de 140 MW de Karavasta … Read the full press release

EBRD provides €29m loan to develop Albania’s first major solar photovoltaic plant

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €29 million loan to a special-purpose vehicle owned by France’s Voltalia to develop the 140 MW Karavasta solar plant in Albania. The project marks Albania’s first major … Read the full press release

EBRD, IFC, and TBC Bank provide $28.3m capital injection to support TBC Bank Uzbekistan’s growth and digitalisation

(IN BRIEF) The EBRD, IFC, and TBC Bank Group have invested an additional $28.3 million in TBC Bank Uzbekistan, solidifying the bank’s position in Uzbekistan’s banking industry and promoting further digitalization of the country’s banking sector. The capital injection follows … Read the full press release

La Better Life Farming Alliance, que apoya a los pequeños agricultores, se expande en América Latina con la apertura de su primera ubicación en Córdoba, México

(COMUNICADO DE PRENSA) MONHEIM, 17-Mar-2022 — /EuropaWire/ — Bayer, una empresa global con competencias básicas en los campos de las ciencias biológicas de la salud y nutrición, ha anunciado que Better Life Farming Alliance, una asociación a largo plazo de … Read the full press release

The Better Life Farming Alliance, a supporter of smallholder farmers, expands in Latin America with first location opened in Córdoba, Mexico

(PRESS RELEASE) MONHEIM, 17-Mar-2022 — /EuropaWire/ — Bayer, a global enterprise with core competencies in the life science fields of healthcare and nutrition, has announced that the Better Life Farming Alliance, a long-term partnership of Bayer, IFC (International Finance Corporation), … Read the full press release

TotalEnergies kündigt eine Spende in Höhe von 50 Millionen US-Dollar an den Tropical Asia Forest Fund 2 für Südostasien an

PRESSEMITTEILUNG) PARIS, 3-Mar-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), eines der sieben „Supermajor“-Ölunternehmen, hat seinen Beitrag von 50 Millionen US-Dollar zum verwalteten „Tropical Asia Forest Fund 2“ (TAFF2) bekannt gegeben von New Forests, einem globalen Investmentmanager für naturbasierte Sachwerte und Naturkapitalstrategien. … Read the full press release

TotalEnergies announces $50 million contribution to the Tropical Asia Forest Fund 2 aimed at Southeast Asia

PRESS RELEASE) PARIS, 3-Mar-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), one of the seven “supermajor” oil companies, has announced its contribution of $50 million to the “Tropical Asia Forest Fund 2” (TAFF2) managed by New Forests, a global investment manager of … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

SGS and Sintali expand partnership to offer simple and transparent path to EDGE certification

(PRESS RELEASE) GENEVA, 3-Sep-2020 — /EuropaWire/ — SGS announces an expanded collaboration with Sintali with the aim to grow IFC’s green building standard, EDGE. Both companies will deliver certification and audit services in over 170 countries around the world, acting … Read the full press release

FMO and IFC launched e-course on Related Party Transactions Governance for commercial banks in Viet Nam

The HAGUE, 19-Dec-2017 — /EuropaWire/ — FMO and IFC launched an online course on Related Party Transactions Governance for Vietnamese commercial banks. Related party transactions (RPTs) are viewed as situations, which are open to a possible conflict of interest and can harm … Read the full press release

Prudential: World Bank Group’s IFC to raise $500 million Eastspring Investments for infrastructure projects in emerging markets

Hong Kong SAR, China, 04-Jul-2017 — /EuropaWire/ — IFC, a member of the World Bank Group, today signed an agreement with Eastspring Investments, the Asian asset management business of Prudential plc, to raise $500 million for an innovative IFC program that … Read the full press release

SGS-thinkstep consortium to provide certification services for IFC’s EDGE green building program in Ghana

GENEVA, 16-Jun-2017 — /EuropaWire/ — The consortium of SGS-thinkstep will serve as the sole provider of certification services for the International Finance Corporation’s (IFC’s) EDGE (Excellence in Design for Greater Efficiencies) green building program in Ghana. The agreement was signed on … Read the full press release

MOU To Promote Sustainable Finance in Kenya and Mongolia Signed

The Hague, 22-Mar-2017 — /EuropaWire/ — Kenya Banking Association (KBA) and the Mongolian Bankers Association (MBA), members of the IFC-supported Sustainable Banking Network (SBN), signed a Memorandum of Understanding (MOU) to advance environmental and social risk management and sustainable financing practices … Read the full press release

EBRD President Sir Suma Chakrabarti initiates high level discussions with private philanthropic organisations in United States

Sir Suma Chakrabarti has meetings in Washington and New York LONDON, 12-Jan-2017 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development, Sir Suma Chakrabarti, has concluded a visit to the United States to initiate high level discussions … Read the full press release

Barry Callebaut, IFC, and the IDH provide USD 9M to cover up to 103,000 smallholder cocoa farmers in Cote d’Ivoire

Making cocoa farming more sustainable and profitable for farmers •    USD 24 million benefits generated to smallholders as a result of  investments •    Reaching 103,000 farmers by 2020/21 season •    23% expected income increase for farmers at year two •   … Read the full press release

AXA, IFC and the World Bank to promote road safety especially in low to middle income countries

Road traffic injuries are a global public health and development problem, killing over 1.2 million people per year and injuring 20-50 million more, according to the World Bank and the World Health Organization AXA, IFC and the World Bank are … Read the full press release

Bayer CropScience and World Bank’s International Finance Corporation formed partnership to support modernization of agriculture in Ukraine

Monheim/Kiev, 8-7-2013 — /europawire.eu/ — Bayer CropScience and the International Finance Corporation (IFC), a member of the World Bank Group, announced today an innovative partnership to support modernization of agriculture in Ukraine and help the country maximize its farming potential. Securing … Read the full press release

Middle East and North Africa (MENA) SME Facility established to expand access to finance for small businesses

Amman, Jordan, 27-5-2013 — /europawire.eu/ — IFC, a member of the World Bank Group, the European Investment Bank (EIB), Agence Française de Développement (AFD), and the European Commission through the  Neighborhood Investment Facility (NIF) are working together to provide funding for … Read the full press release