AFRICA: IFC Announces $2 Billion Investment in SMEs and Trade to Boost Recovery from Covid-19

 IFC today announced a $2 billion commitment to support smaller businesses and increased trade in Africa to galvanize the continent’s economic recovery from the Covid-19 pandemic and to sustain and create jobs and business activity. IFC will invest $1 billion in new direct financing for MSMEs, the backbone of African economies, including via mezzanine financing and … Continue reading AFRICA: IFC Announces $2 Billion Investment in SMEs and Trade to Boost Recovery from Covid-19