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MENGISTU ALEMAYEHU
International Finance Corporation extends USD 4-bn loans to private companies to fight pandemicIFC's pandemic response is focused on reaching the most vulnerable people in the developing world. In March, IFC committed USD 8 billion in...
Canada Pension Plan Investment commits $225 million to IndiaRFIndiaRF had earlier raised $100 million from the International Finance Corporation.
IFC investments touch $2.6 billion to spur India’s developmentThese investments are all long-term, made over 40 engagements with partners ranging from new-age start-ups, such as Coverfox and Bizongo, t...
IFC setting up 3 funds to buy out stressed assets in India“We are working on different funds — one for corporate, one for SMEs (small and medium enterprises), one for retail,” IFC said.
International Finance Corporation launches $1-billion masala bondsBy pioneering the offshore rupee market through masala bonds, IFC succeeded in setting an AAA pricing benchmark for the market by strategic...
MFI-turned-banks must not forget their mission: Mengistu Alemayehu, IFC"Today, almost 50% of the disbursements in microfinance is through IFC-backed companies."
MFI-turned-banks must not forget their mission: Mengistu Alemayehu, IFCMengistu Alemayehu, IFC’s director, South Asia, spoke in an interview recently, mapping out IFC’s India plans around inclusion-themed ventu...
IFC, PNB Housing plan $800m platform for affordable homes“We are keen to demonstrate that affordable homes can be a sustainable business venture," said Mengistu Alemayehu, South Asia director, IFC.
IFC invests $125 million in Hero Future EnergiesThe investment will help the company expand its renewable energy capacity, provide jobs and facilitate private sector development in renewa...
Economically, PM Narendra Modi has done well for the country: World Bank President Jim Yong KimBrexit happened and India proved to be extremely resilient. The inflation rate has been down, growth has been extremely strong, balance of ...
Madhya Pradesh inks pact with IFC to set up world's largest solar plantThe Rewa Ultra-Mega Solar Power Project will be set up in Gurh tehsil of Rewa district over an area of 1,500 hectares at an estimated cost ...