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MAKHTAR DIOP
World Bank's IFC targets $10 billion in annual investments in India by 2030The International Finance Corporation plans to significantly increase its investments in India. By 2030, annual investments are set to reac...
IFC to invest $25 million in Trifecta Capital’s fourth venture debt fundThe fund, which provides debt financing to startups at the Series A stage and beyond, focusses on sectors such as EVs, financial services, ...
India's economy, growing at 6.4%, will remain IFC's largest portfolio: MD Makhtar DiopIFC plans to significantly increase its annual commitment to India, aiming for $10 billion by 2030, focusing on urban transformation and st...
World Bank's private arm IFC plans to double India investments to $10 bn by 2030: MD Makhtar DiopThe International Finance Corporation (IFC) intends to double its annual investments in India to $10 billion by 2030, emphasizing urbanizat...
India's e-bus revolution gets $137 mn IFC backingInternational Finance Corporation will provide $137 million to JBM Ecolife and GreenCell Mobility. This investment aims to boost electric p...
IFC backs JBM, GreenCell with $137 million for e-bus rolloutInternational Finance Corporation invested $137 million in JBM ECOLIFE and GreenCell Mobility. This investment aims to boost electric publi...
JBM Ecolife secures USD 100 mn investment from IFCJBM Ecolife Mobility, a JBM Auto group firm, has secured a USD 100 million long-term capital investment from the International Finance Corp...
World Bank arm to invest USD 60 mn to transform sanitation infra in VisakhapatnamInternational Finance Corporation has pledged support to Visakhapatnam. They will provide funds for sanitation. The funding amounts to USD ...
IFC partners with Axis Bank to provide $500 million climate loan in IndiaThe International Finance Corporation is lending $500 million to Axis Bank to develop blue finance and green projects in India. This partne...
IFC MD calls on Finance Minister Nirmala Sitharaman, discusses reforms in international financial systemFinance Minister Nirmala Sitharaman met IFC Managing Director Makhtar Diop to discuss international financial system reforms and IFC's plan...
We're very ambitious about India, says International Finance Corporation MDIn FY22, IFC committed a record $32.8 billion to private firms and financial institutions in developing countries, leveraging the power of ...
FM Nirmala Sitharaman urges IFC to scale up India lending to $3.5 billion in 3-4 YearsFinance minister Nirmala Sitharaman conveyed this to IFC managing director Makhtar Diop at a meeting on Monday.
IFC MD calls on FM; discusses lending opportunities in IndiaShe reiterated India's expectation of a rise in IFC's lending to India to USD 2-2.5 billion in the next 1-2 years and USD 3-3.5 billion in ...
IFC invests Rs 123 crore in genetic diagnostics firm MedGenomeMedGenome is a genomics-driven research and diagnostics company involved in decoding the genetic information contained in an individual's g...
IFC invests USD 16.5 mn in MedGenome to increase COVID-19 testing in India"With IFC's support, we will continue to expand our services across India, bringing tests directly to the communities most affected by the ...
World Bank slashes outlook for oil, metals as coronavirus crushes demandOil is expected to average $35 a barrel this year, down 43 per cent from the average in 2019.