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48 updates found
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Microfinance in Myanmar - Sector Assessment

Lack of Access to Finance in Myanmar Highlights Need to Develop Microfinance Sector in Support of Economic Growth, IFC/CGAP Study Finds

For IFC in Hanoi:
Chu Van Anh
Phone: +844 3824-7892
E-mail: canh1@ifc.org

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IFC Awards $1.96 Million from the EU funded Global Index Insurance Facility to Insure Haitian Entrepreneurs against Natural Disasters

In Washington, DC
Vanessa Bauza
Phone: +1 202 458 1603
E-mail: Vbauza@ifc.org

In Port-au-Prince, Haïti
Linda Boucard
Phone: +1 509 3836 0033
E-mail: Lpboucard@fonkoze.org

Noela Bonhomme
Phone: +1 509 2949 4949
E-mail: Noela.Bonhomme@eeas.europa.eu

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IFC Makes First Investment in Myanmar, Expanding Access to Finance and Creating Jobs

In Hanoi:vv Chu Van Anh
Phone: (844) 3937 8745
E-mail: canh1@ifc.org

Yangon, Myanmar, January 23, 2013 – IFC, a member of the World Bank Group, today announced its first investment in Myanmar to set up a new microfinance institution that aims to provide loans to more than 200,000 people – mostly micro and small businesses run by women – by 2020.

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IFC Announces Partnership to Increase Access to Affordable Sanitation in East Africa

In Johannesburg:
Gregor Pfeifer
Phone: +27 (0)11 731 3139
Email: GPfeifer@ifc.org

Nairobi, Kenya, December 18, 2012—IFC, a member of the World Bank Group, today announced support from the Bill & Melinda Gates Foundation to catalyze the market for improved sanitation and accelerate access to more affordable sanitation solutions for low-income households in East Africa.

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World Bank Group steps up support for reforms in Myanmar with new interim strategy to improve people’s lives

WASHINGTON, November 1, 2012 – A new Interim Strategy for Myanmar was endorsed today by the World Bank Group’s Board of Directors reaffirming support for reforms to improve the lives of the people of Myanmar. The Strategy will guide the World Bank Group’s work in the country for the next 18 months, focusing on accelerating poverty reduction by helping reform institutions to deliver better services to people during this critical transition period.

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IFC and Banque de la République d’Haïti Partner to Develop Haiti’s Leasing Infrastructure

In Lima, Peru:
Clara Ugarte Perrin, IFC
Phone: +511 611 2501
E-mail: Cugarteperrin@ifc.org

In Port-au-Prince, Haiti:
Rotchild Francois, Banque de la République
E-mail: rjfrancois@yahoo.com

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IFC Supports Kenyan Horticulture Giant Vegpro’s Expansion into Ghana

Accra, Ghana, June 15, 2012 — IFC, a member of the World Bank Group, today announced an investment of $7 million to support the expansion of Vegpro Group into Ghana. The project helps an African company expand into a new market allowing sustainable land development while providing jobs and creating a supply chain that includes small-scale farmers.

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World + 1 other
Dutch Government Contributes €100 Million to Global Food Security, Signs Agreement with IFC

In Washington, D.C.:
Ludi Joseph, IFC
Phone: (202) 473-7700
Mobile: (202) 360-0692
E-mail: ljoseph@ifc.org

Carla Bundy
Royal Netherlands Embassy
Phone: (202) 274-2632
Mobile: (202) 413-9786
E-mail: cy.bundy@minbuza.nl

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Taking Haitian agriculture to the clouds: Implementing Google Apps for Government at the Ministry of Agriculture

The January 2010 earthquake that devastated Haiti directly affected the infrastructure and personnel of the Ministry of Agriculture, Natural Resources and Rural Development (Ministere de l'Agriculture des Ressources Naturelles et du Developpement Rural, or MARNDR). It weakened the ministry's capacity to lead the economic recovery and food security improvements of the country, and set back research, innovation, and extension systems in the agricultural sector.

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IFC Promotes Trade and Aims to Reduce Food, Energy Shortages with $2 Billion Investment

In Washington, D.C.:
Name: John McNally
Phone: (202) 458 0723
E-mail: jmcnally@ifc.org

Washington, D.C., March 1, 2012—IFC, a member of the World Bank Group, today announced a $2 billion initiative to support critical trade flows in developing countries, which have experienced a decline in the availability of trade finance as a result of the financial downturn.

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IFC Supports Agri-Leasing in Tajikistan, Boosting Farmers’ Productivity and Profits

In Dushanbe/Bishkek:
Kymbat Ybyshova
Phone: +996 312 626162
E-mail: KYbyshova@ifc.org  

Dushanbe, Tajikistan, February 8, 2012—IFC, a member of the World Bank Group, is helping Microcredit Deposit-taking Organization Arvand to build an agricultural leasing business, improving farmers’ access to finance and enabling them to make their operations more profitable.

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Egypt + 1 other
IFC Builds Mediation Network to Support Private Sector in the Middle East & North Africa

In Cairo: Riham Mustafa Phone: +20 2461 4230 E-mail: rmustafa@ifc.org

Sharm El Sheikh, Egypt, January 15, 2012—IFC, a member of the World Bank Group, has started regional training sessions on commercial mediation to help judges and directors of mediation centers from the Middle East & North Africa to form a regional network of mediators, supporting entrepreneurs and investors in the region.

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IFC supports construction sector in Iraq to aid economic recovery

In Cairo:
Riham Mustafa
Phone: +20 22 461 4230
E-mail: RMustafa@ifc.org

In London:
Carmen Powell
Phone: +44 20 7722 0649
E-mail: CPowell@ifc.org

In Washington, D.C.:
Alexandra Klopfer
Phone: +1 202 473 4645
E-mail: AKlopfer@ifc.org

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IFC supports essential services in West Bank, improving lives for nearly a million Palestinians

In Cairo:
Riham Mustafa
Phone: +20 22 461 4230
E-mail: rmustafa@ifc.org

In Washington, D.C.:
Zibu Sibanda
Phone: +1 202 413 6998
E-mail: zsibanda@ifc.org

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IFC, Societe Generale to help Africa and Middle East clients manage agricultural price risks

In Washington, D.C.:
Julie Ziegler
Phone: (202) 473-0128
E-mail: JZiegler1@ifc.org

Washington, November 1, 2011—IFC, a member of the World Bank Group, and Societe Generale Corporate & Investment Banking will provide a new risk-management tool to allow producers and buyers in Africa, the Middle East, and Central and Eastern Europe to lock in prices for agricultural goods and gain better access to finance.

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IFC promotes climate-resilient agriculture in Bangladesh, helping ensure food security

In Dhaka:
Sarah Karim
Phone: +880-1714-1693-55
E-mail: skarim2@ifc.org

Dhaka, Bangladesh, August 3, 2011—IFC, a member of the World Bank Group, will partner with the state-run Bangladesh Rice Research Institute, International Rice Research Institute, and Lal Teer Seed Ltd. to promote climate-resilient agricultural practices in Bangladesh, helping rice farmers weather the harmful impact of climate change and ensure national food security.

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IFC Loan Helps PRAN Group Expand, Contributing to Food Security in Bangladesh

In Dhaka:
Sarah Karim
Phone: +8801714169355
E-mail: skarim2@ifc.org

Dhaka, Bangladesh, June 22, 2011 — IFC, a member of the World Bank Group, is providing a $7 million loan to PRAN Group to expand its local dairy procurement and processing capacity, helping increase the incomes of about 17,000 Bangladeshi dairy farmers and contributing to the country’s food security.

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Healthy partnerships: How governments can engage the private sector to improve health in Africa

Health systems across Africa are in urgent need of improvement. The public sector should not be expected to shoulder the burden of directly providing the needed services alone, nor can it, given the current realities of African health systems. Therefore to achieve necessary improvements, governments will need to rely more heavily on the private health sector. Indeed, private providers already play a significant role in the health sector in Africa and are expected to continue to play a key role, and private providers serve all income levels across sub- Saharan Africa's health systems.

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World Bank enhances support to Georgia with additional financing of $235 million for 2011-2013

TBILISI, 4 May, 2011 – The World Bank Group has presented today its Progress Report on the Country Partnership Strategy (CPS) for Georgia for 2010-2013. Prepared against the backdrop of the twin crises of the August 2008 conflict and the global economic downturn, the CPS was built around two pillars: (i) meeting post-conflict and vulnerability needs, and (ii) strengthening competitiveness for post-crisis recovery and growth.

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IFC loan to support entrepreneurs and create jobs in West Bank and Gaza

In Cairo:
Riham Mustafa
Phone: +202 24 619 140
E-mail: RMustafa@ifc.org

Ramallah, West Bank, April 28, 2011—IFC, a member of the World Bank Group, is supporting micro and small businesses and encouraging job creation in the West Bank and Gaza through a $3 million loan to Palestine for Credit and Development—known as Faten—a leading microfinance institution.