IFC Pumps Record Investments Into Africa, Middle East

Law360, New York (September 3, 2013, 5:28 PM EDT) -- The International Finance Corporation on Tuesday touted record-breaking investments in trade and public services in the Middle East and Africa, announcing $1 billion dedicated to cross-border trades in the Middle East and North Africa and more than $5.3 billion on infrastructure projects and services in Sub-Saharan Africa.

The investments are part of the IFC's efforts to boost private sector and regional markets in Africa and the Middle East. This year alone the IFC, a member of the World Bank Group, pumped $5.3 billion in loans to...
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