The International Finance Corporation (IFC) is a member of the World Bank Group focused on private sector development in developing countries.
It provides investment, advisory, and asset-management services to encourage private sector growth, reduce poverty, and promote sustainable development.
The IFC operates in various sectors including infrastructure, manufacturing, agribusiness, and financial services, often focusing on projects that can have a significant development impact.
Established in 1956, the IFC has grown to become the largest global development institution dedicated exclusively to supporting the private sector in developing economies.
Through its initiatives, the IFC aims to create jobs, foster innovation, and improve access to essential services, thereby enhancing economic opportunities and living standards.