IFC Announces New Landmark Investments to Support Smaller Businesses and Advance Job Creation at 2025 Africa Financial Summit
Morocco, Nov. 4 -- IFC has announced investments totaling $310 million in projects that will support the growth of smaller businesses and job creation across several African countries. The projects were announced at the Africa Financial Summit (AFIS), which convened private and public sector representatives from across Africa under the theme of mobilizing domestic capital at scale for development.The two-day event, co-hosted by IFC, the Jeune Afrique Media Group, and the Kingdom of Morocco, featured discussions among African central bank governors, regulators, financial institutions, and fintech innovators on how Africa can best tap its own resources-and attract more foreign investment-to shape the continent's financial future, create jobs,...
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