{"id":641072,"date":"2017-09-12T04:01:12","date_gmt":"2017-09-12T04:01:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/ifc-committed-usd-1-7-bn-in-funding-to-mena-private-sector-projects-in-fy2016-17\/"},"modified":"2017-09-12T04:01:12","modified_gmt":"2017-09-12T04:01:12","slug":"ifc-committed-usd-1-7-bn-in-funding-to-mena-private-sector-projects-in-fy2016-17","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/ifc-committed-usd-1-7-bn-in-funding-to-mena-private-sector-projects-in-fy2016-17\/","title":{"rendered":"IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17"},"content":{"rendered":"

IFC committed USD 1.7 bn in funding to MENA private-sector projects in <\/strong>FY2016-17: <\/strong>The World Bank Group\u2019s International Finance Corporation (IFC) announced yesterday (pdf)<\/a> that it committed USD 1.7 bn to private-sector projects in the MENA region in the fiscal year ended on 30 June. The amount \u2014 which exceeds the previous year\u2019s USD 1.3 bn by 30%<\/strong> \u2014 included an USD 11 mn contribution to Egyptian startup accelerators Flat6Labs<\/a> and Algebra Ventures<\/a>. \u201cIFC\u2019s focus was on creating new markets, supporting power and renewable energy projects, and fostering entrepreneurs, <\/strong>including those who run high-potential technology start-ups,\u201d the statement reads. Those funding priorities remain unchanged for 2017-18, it added. Are you crafting an investment pitch? Make sure to hit on IFC MENA Director Mouayed Makhlouf\u2019s priorities, which include addressing \u201cpower shortages, youth unemployment, and restricted access to finance, [which] continue to hold back economic growth.\u201d The IFC recently pledged<\/a> USD 100 mn to oil and gas projects in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17: The World Bank Group\u2019s International Finance Corporation (IFC) announced yesterday (pdf) that it committed USD 1.7 bn to private-sector projects in the MENA region in the fiscal year ended on 30 June. The amount \u2014 which exceeds the previous year\u2019s USD 1.3 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641072","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f0cc19b3-356b-47b9-acb7-74b14d41a9e5","order":"0","is_powered_by":true,"section_story_id":"2e34a0e4-678a-4289-b4a2-b2e83c4a199d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641058],"teaser":"","voice_url":""},"yoast_head":"\nIFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/ifc-committed-usd-1-7-bn-in-funding-to-mena-private-sector-projects-in-fy2016-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17\" \/>\n<meta property=\"og:description\" content=\"IFC committed USD 1.7 bn in funding to MENA private-sector projects in FY2016-17: The World Bank Group\u2019s International Finance Corporation (IFC) announced yesterday (pdf) that it committed USD 1.7 bn to private-sector projects in the MENA region in the fiscal year ended on 30 June. 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The organization provided USD\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627301,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/egypt-accounted-for-nearly-half-of-the-ifcs-mena-investments-in-fy2017-18\/","url_meta":{"origin":641072,"position":1},"title":"Egypt accounted for nearly half of the IFC\u2019s MENA investments in FY2017-18","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"Egypt accounted for nearly half of the International Finance Corporation\u2019s (IFC) MENA investments in FY2017-18, Chief Investment Officer for the MENA region Deepak Khanna tells Gulf News. Of the USD 2.4 bn the IFC invested across the region throughout the fiscal year, the organization channeled USD 1.3 bn to Egyptian\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627146,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/ifc-pledges-usd-2-bn-in-funding-to-egypts-private-sector-until-2019\/","url_meta":{"origin":641072,"position":2},"title":"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019","author":"enterpriseam admin","date":"24 July 2018","format":false,"excerpt":"IFC pledges USD 2 bn in funding to Egypt\u2019s private sector until 2019: The International Finance Corporation (IFC) is committed to extending as much as USD 2 bn in funding to Egypt\u2019s private sector until 2019 under the country\u2019s cooperation framework with the World Bank Group, IFC CEO Philippe Le\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638254,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/egypt-could-see-usd-1-bn-in-funding-from-the-ifc-this-financial-year\/","url_meta":{"origin":641072,"position":3},"title":"Egypt could see USD 1 bn in funding from the IFC this financial year","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"Egypt could see USD 1 bn in funding from the IFC this fiscal year: Egypt will be the key beneficiary of a 20% increase in funding the International Finance Corporation (IFC) is planning to provide to the MENA region this year, said the IFC\u2019s MENA director Mouayed Makhlouf. The IFC\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599785,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/ifc-aims-to-invest-usd-5-bn-in-egypt-over-the-next-5-years\/","url_meta":{"origin":641072,"position":4},"title":"IFC aims to invest USD 5 bn in Egypt over the next 5 years","author":"enterpriseam admin","date":"10 January 2019","format":false,"excerpt":"INVESTMENT WATCH- Meanwhile, the World Bank\u2019s International Finance Corporation (IFC) aims to invest USD 5 bn in Egypt over the next 5 years, at an average rate of USD 1 bn per annum, IFC MENA Regional Director Mouayed Makhlouf said, according to Al Mal. The investments are expected to target\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570734,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/13\/ifc-commits-usd-20-mn-to-egypt-north-africa-focused-pe-fund-spe-aif-i\/","url_meta":{"origin":641072,"position":5},"title":"IFC commits USD 20 mn to Egypt, North Africa-focused PE fund SPE AIF I","author":"enterpriseam admin","date":"13 April 2020","format":false,"excerpt":"IFC commits USD 20 mn to North Africa-focused PE fund: The International Finance Corporation (IFC) is committing USD 20 mn to Egypt- and North Africa-focused private equity fund SPE AIF I as its seeks to \u201cboost growth in MENA amid economic disruption,\u201d the IFC said in a press release (pdf).\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=641072"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641072\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641058"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641072"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641072"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}