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Found 4 results in 687 milliseconds.

IFC Supports fuel imports and economic activity in West Africa

News | E-invoicing, SCF & E-procurement | 21 May 2021

US-based IFC has invested in two trade finance facilities arranged by Société Générale for Addax Energy into several West African countries.

funding, COVID-19, supply chain finance, trade finance

IFC provides USD 50 mln loan to Access Bank for Nigeria-based businesses amid Covid-19

News | E-invoicing, SCF & E-procurement | 20 Jul 2020

World Bank Group member IFC has provided a USD 50 million loan to Access Bank to help the bank increase liquidity to SMEs in Nigeria challenged by COVID-19. 

IFC, Access Bank, World Bank Group, Nigeria, SMEs, Covid 19, Africa, loan, fast track financing support package, fast track facility, trade financing, working capital, business clients, disrupted cash flows, retail bank

IFC invests EUR 25 mln in NSIA, helps finance businesses in Côte d'Ivoire during COVID-19

News | E-invoicing, SCF & E-procurement | 13 Jul 2020

IFC, a member of the World Bank Group, has announced a EUR 25 million, one-year senior loan to NSIA Banque Côte d’Ivoire (NSIA), allowing the bank to extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the Covid-19 pandemic.

IFC, NSIA, finance, COVID-19, loan, cash flow, Côte d’Ivoire

World Bank Group announces up to USD 12 Billion for COVID-19 country response

News | Payments General | 04 Mar 2020

The World Bank Group is making available up to USD 12 billion to assist countries coping with the health and economic impacts of the global COVID-19 outbreak. 

The World Bank Group, World Bank, COVID-19, coronavirus, IDA, IBRD, IFC, International Finance Corporation, lending, low-interest loan