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International Business Times
International Business Times
Business

World Bank's IFC Ramps Up Investment Amid Global Uncertainty

IFC World Bank Makhtar Diop Donald Trump International Finance Corporation Economy United States
International Finance Corporation (IFC) Managing Director Makhtar Diop says the World Bank's private sector arm is ramping up investments (Credit: AFP)

While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.

The Washington-based IFC -- the World Bank's private sector arm -- mobilizes private capital and provides financing to support businesses across emerging economies.

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