United States, June 19 -- IFC signed a loan agreement with Summa Turizm Yatirimciligi A.?. (Summa), a Turkiye headquartered construction company, to develop tourism and urban infrastructure projects in sub-Saharan Africa, supporting job creation and economic growth.The loan agreement forms a part of an IFC financing package of €50 million to help Summa with its working capital and cover capital expenditure needs for construction projects in select countries in Sub-Saharan Africa. The combined projects across the region are expected to create more than 2,000 direct and indirect jobs by 2029, while Summa's operations as a whole will lead to $225 million in economic value through direct, indirect, and induced effects.
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