A Public Investment Fund is partnering with the International Finance Corporation to co-finance opportunities and provide guarantees for regional companies in North Africa and the Middle East.

The entities involved

• Public Investment Fund →

  sovereign wealth fund owned by Saudi Arabia

  Nothing else this week.

• International Finance Corporation →

  World Bank Group member financial institution

  • The International Finance Corporation is providing financing for a logistics corridor in Ghana that links Volta Lake to northern Ghana and extends to Burkina Faso.Mon 08:46
  • The French Development Agency (AFD) is providing funding to the International Finance Corporation (IFC) for operations in South Africa.Sun 04:09
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The International Finance Corporation (IFC) announced support for Liberia's Investment Finance and Trade Project.Aug 28
• A cooperation framework has been established between entities to support a mortgage refinance company in Ethiopia.Sep 3
• Mirae Asset Global Investments strengthens its presence in the Middle East, establishing an office in DIFC and securing a DFSA license.Sep 7
• KKR and Blackstone manage private credit funds serving investors across the Middle East, Africa, Asia-Pacific, and Europe.Sep 4
• Mastercard, International Finance Corporation, Visa, and the World Bank Group are collaborating on a new initiative, contributing $500 million and sharing credit settlement risk.Sep 9