IFC to help plug US$4.5bn infrastructure gap in Africa


The International Finance Corporation, IFC and the China-World Bank Partnership Facility announced efforts to increase cross-border partnerships that will bring global financing and expertise to Africa, to help the continent close annual infrastructure gaps of $4.5bn, create jobs, and accelerate economic growth.

 In a build up to the efforts, the  IFC and the partnership facility hosted, on March 26, 2018, a meeting of senior business leaders from Africa, Asia, and North Africa to discuss private sector development opportunities in Africa’s infrastructure, transport, health, education, and other sectors.

Source: Business Day (Picture Source: IFC)


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