Tag: IFC
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Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo
International Finance Corporation, IFC, a member of the World Bank Group, has appointed Kyle Kelhofer as Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo. Kyle Kelhofer who previously worked for IFC in Ghana, brings almost 30 years of global development experience to his new role supporting private sector growth, job creation, and…
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IFC and SEC partner to develop green bonds market
In its quest to unlock investment for private sector projects that support renewable energy and energy efficiency in the country, IFC and the Securities and Exchange Commission (SEC) have partnered to facilitate investments in projects that address climate and environmental issues through green bonds. Under the agreement, IFC, a member of the World Bank Group,…
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IFC increases investments to sub-Saharan Africa to $6.2bn
IFC, a member of the World Bank Group, has announced record new investment commitments of $6.2 billion in long-term financing in Sub-Saharan Africa for its 2018 fiscal year. This is up from $3.5 billion in the previous fiscal year. IFC’s annual investments and mobilizations in the region accounted for more than a quarter of IFC’s…
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Appeal court dismisses IFC’s case against Quantum
The court of appeal has dismissed a stay of proceedings application by International Finance Corporation (IFC) which sought to put on hold an ongoing case with Quantum Oil Terminals Limited at the High Court over a breach of a contract. According to the ruling of the court, it found no reason to stay proceedings at…