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The International Finance Corporation ( IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
t. e. A financial centre ( financial center in American English) or financial hub is a location with a significant concentration of participants in banking, asset management, insurance, and financial markets, with venues and supporting services for these activities to take place. [3] [4] Participants can include financial intermediaries (such ...
Roundtable on reform of OTC derivatives market in 2015. The International Financial Congress (IFC) was an annual conference hosted in Saint Petersburg in Russia dedicated to the finance industry. The event brought together heads of central and commercial banks, financial institutions, international financial organizations and financial ...
Vera Songwe is an economist and banking executive from Cameroon who worked for the World Bank from 1998 to 2015, and in 2015–2017 served as Western and Central Africa's regional director for the International Finance Corporation. [1] [2] She was the first woman to head the UN's Economic Commission for Africa (ECA) at the level of Under ...
An international financial institution ( IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
Fifteen million dollars of the first fund came from the IFC with the rest coming from Omidyar Network and some foundations, individuals and government agencies. The money came to GBF as grants and much of it was invested in a mix of equity, quasi-equity, and debt in some 28 enterprises in Latin America, Africa, India, and Southeast Asia.
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