IFC partners Moroccan Capital Market Authority on sustainable finance

Moroccan Capital Market Authority International Finance Corporation

IFC partners Moroccan Capital Market Authority on sustainable finance   The International Finance Corporation (IFC) has signed an agreement with the Moroccan Capital Market Authority (AMMC) that will help companies enhance their reporting on environmental, social, and governance (ESG) practices, paving the way for more green investments—a key component in Morocco’s COVID-19 recovery strategy. “A green recovery can help deliver economic growth and jobs quickly,” said Sérgio Pimenta, IFC Vice President for Africa and the Middle East. “Our partnership with AMMC will enable Moroccan businesses to enhance their environmental, social…

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New Google-IFC report: Africa’s Internet economy to value $180bn by 2025

New Google-IFC report: Africa’s Internet economy to value $180 billion by 2025

Africa’s Internet economy has the potential to reach 5.2 per cent of the continent’s gross domestic product (GDP) by 2025. e-Conomy Africa 2020, a new report released today by Google and the International Finance Corporation (IFC) has  made the projection, adding this will contribute nearly $180 billion to its economy, while the projected potential contribution could reach $712 billion by 2050. Driving this growth, according to the report, is a combination of increased access to faster and better quality Internet connectivity, a rapidly expanding urban population, a growing tech talent…

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