The International Finance Corporation (IFC), a member of the World Bank Group, and the Rockefeller Foundation have allocated $10 million to support their initiative to enable private sector investment in infrastructure projects in emerging markets, which will help build strong infrastructure and improve access to basic services for the poor and marginalized.<\/p>\n
Waleed Abdulrahman Al-Murshid, President of the International Finance Corporation (IFC) in Saudi Arabia and head of the Middle East and North Africa region, said that global institutional investors are keen to invest in infrastructure projects.<\/p>\n
The two organizations will work together to raise an additional $90 million from other donors, which is expected to help develop about 80 projects around the world. The initiative is part of a broader collaboration between the Rockefeller Foundation and the International Finance Corporation (IFC) to provide financing for infrastructure projects in emerging markets.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The International Finance Corporation (IFC)\u2014a member of the World Bank Group\u2014and the Rockefeller Foundation have allocated $10 million \u00a0to support its initiative aimed at enabling the private sector to invest in infrastructure projects in emerging markets, which will help build robust infrastructure and improve access to basic services for poor and marginalized groups. Waleed Abdulrahman Al-Murshed, President of the \u2026 Read 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