Community Investment and Partnerships
When the covid-19 pandemic derailed in-person business skills training in Côte d’Ivoire, Bamoussa Sanogo, trainer and senior manager of Africa Business Explorer, pivoted. “With the support of IFC, I earned my advanced master trainer certification and started offering online courses,” he says. This pandemic-era shift enabled his business to grow, while giving local entrepreneurs—especially women—skills they need to succeed.
Concerned that her children were consuming too many sugary deserts, Rita Aku-Shika Diabah developed a recipe for low and zero-sugar ice creams and started making them on the back porch of her home in Takoradi, Ghana. And in Guinea, a love of trucks and a desire to own her own business drew Lynn Kaba Touré to start a small logistics company.
Pakistan’s national fish, the Mahseer, became endangered due to illegal fishing and poor river conditions. Now community organizations, and wildlife advocates are collaborating with a hydroelectric company to restore the Mahseer population and conserve the river they all depend on.
There is no denying the urgency of the climate crisis. Yet we overlook a solution readily at our disposal. Nature-based solutions (NbS) that protect, restore and sustainably manage forests and other ecosystems could provide 37% of cost-effective climate change mitigation efforts needed by 2030 to meet the Paris Agreement goals and stabilize warming to below 2 degrees Celsius. Click to read the full story by Reuters.
As we build the global climate finance architecture, Indigenous Peoples and local communities must have a seat at the table.
A remarkable new trend is taking hold in the world of infrastructure finance. Sustainable Finance—investments structured with environmental, social, and governance criteria—saw unprecedented growth in 2021, reaching over $1.6 trillion in total annual issuance and more than doubling 2020 volumes. Why is the rise of Sustainable Finance a big deal? Because it offers tangible evidence […]
In our recent blog, we looked at three ways to keep vulnerable segments of the population — women and youth — from being left behind in the digital divide. Digital transformation and the renewed focus on the sustainability of mining offer great opportunities for the industry — it will help companies refresh their brands and […]
Data is the new gold. You may not wear it on your finger or store it in a bank, but you can use it to stimulate growth, create power, and exert influence. The digital economy, fueled by data, is growing faster than the traditional economy. But unlike talent, opportunity is not distributed equally. Youth in […]
The African continent is endowed with an abundance of resources, both natural as well as human capital.
The African continent is endowed with an abundance of resources, both natural as well as human capital.
A pioneering initiative implemented by IFC with support from the Government of Canada to promote good governance practices in the highlands of Peru has helped local leaders and municipal authorities prioritize municipal investments for the next 3 years so as to respond to unattended basic local needs. This effort is part of a larger initiative […]