ifc

Wednesday, April 30

IFC and Ukrsibbank will boost medium-sized and larger corporations in Ukraine.

IFC and Ukrsibbank will boost medium-sized and larger corporations in Ukraine. The IFC and Ukrsibbank, whose shareholders include BNP Paribas Group and the EBRD, have announced the launch of a new €66M Risk Sharing Facility (RSF) to support medium- and large-sized enterprises in...

Friday, April 4

OKKO will receive over €150M in loans from three Western banks to construct a wind farm.

OKKO will receive over €150M in loans from three Western banks to construct a wind farm. Galnaftogaz (OKKO brand) has agreed to secure €157M in funding for the establishment of a wind farm in Volyn, as reported by the International Finance Corporation. The financing consists of €60M from ...

Monday, January 20

The DFC will provide $40M to Astarta Holding to build a processing plant.

The DFC will provide $40M to Astarta Holding to build a processing plant. The US Development Finance Corporation (DFC) has given preliminary approval for a loan of up to $40M for the Astarta agro-industrial holding, Ukraine’s largest sugar producer. The loan will help...

Thursday, November 28

The IFC may join the EBRD in financing the construction of a 147 MW wind farm in Volyn.

The IFC may join the EBRD in financing the construction of a 147 MW wind farm in Volyn. On December 10, The World Bank Group’s IFC plans to consider the provision of a €55M loan to Concern Galnaftogaz to finance the construction of a wind farm with a 147 MW capacity in the Volyn re...

Friday, November 22

International financial institutions will create $210M in risk-sharing mechanisms for Ukrainian enterprises.

International financial institutions will create $210M in risk-sharing mechanisms for Ukrainian enterprises. The IFC, the DFC, and Raiffeisen Bank Ukraine will create two risk-sharing mechanisms for Ukrainian enterprises worth $210M. Assistance will be allocated to small, medium, and large companies in Ukrai...

Wednesday, November 13

Ukraine is preparing to restart concession projects in ports to attract investment.

Ukraine is preparing to restart concession projects in ports to attract investment. The Ministry of Infrastructure is preparing new concession projects and restarting those whose implementation was stopped in Ukrainian ports, said Tymur Tkachenko, deputy head of the department. ̶...

Friday, November 8

The World Bank sees enormous opportunity in Ukraine: Subject to reforms, the private sector can finance approximately 33% of recovery.

The World Bank sees enormous opportunity in Ukraine: Subject to reforms, the private sector can finance approximately 33% of recovery. There are a considerable number of opportunities in Ukraine despite the full-scale war, said Lisa Kaestner, a senior official of the International Finance Corporation of the World Bank Group, at the K...

Tuesday, October 29

Ukraine will settle nonperforming loans, which will help to attract private investment.

Ukraine will settle nonperforming loans, which will help to attract private investment. The National Bank of Ukraine and the IFC signed an agreement to create an infrastructure for resolving nonperforming loans (NPL) in the Ukrainian banking system. The agreement envisages the creation o...

Monday, October 7

Ukraine’s allies are investing tens of millions of dollars in its restoration: Here are latest contributions.

Ukraine’s allies are investing tens of millions of dollars in its restoration: Here are latest contributions. In 2024, the Norwegian government plans to allocate about $23.6M (NRK 250M) to investments in Ukraine. Capital provided through Norfund will reduce risks for companies investing in Ukraine, particular...

Friday, September 13

An Italian shipbuilder is preparing to reconstruct the Odesa port facilities.

An Italian shipbuilder is preparing to reconstruct the Odesa port facilities. Fincantieri, Europe’s largest shipbuilder based in Trieste, Italy, is working to transform Ukraine’s defunct state-owned shipyards in the port of Odesa into a state-of-the-art production c...

Tuesday, June 25

IFC: Liberalization of energy prices is needed to unlock $97B in energy investment.

IFC: Liberalization of energy prices is needed to unlock $97B in energy investment. The top manager of the International Finance Corporation (IFC) of the World Bank Group, Ines Rocha, said: “Reforms in the energy sector, including the liberalization of energy prices, are of key...

Wednesday, February 7

The EU and the IFC have unlocked more than €500M in private sector investment to rebuild Ukraine.

The EU and the IFC have unlocked more than €500M in private sector investment to rebuild Ukraine. The European Commission announced the signing of a guarantee agreement with the IFC to support investment for Ukraine’s recovery. As part of the agreement, the EU will provide the IFC, a member ...

Friday, January 12

The investment division of the World Bank has mobilized almost $1B to restore Ukraine’s private sector.

The investment division of the World Bank has mobilized almost $1B to restore Ukraine’s private sector. According to the director of the International Financial Corporation (IFC), Makhtar Diop, $620M of the funds raised for Ukraine are part of the $2B package announced in December 2022. The funds are fr...

Friday, October 27

The World Bank has analyzed Ukraine’s ability to attract private investment with and without reforms.

The World Bank has analyzed Ukraine’s ability to attract private investment with and without reforms. Today, Ukraine needs at least $411B in investments to recover. IFC and WB experts have assessed the “no reforms” scenario that was observed before the war. In this case, the involved priva...

Tuesday, October 24

Ukrainian agricultural holding will receive $480M in loans for debt refinancing and other needs.

Ukrainian agricultural holding will receive $480M in loans for debt refinancing and other needs. The IFC, EBRD, and DFC will provide Ukrainian agricultural holding MHP with $480M for debt refinancing and maintenance of current activities. As reported by the IFC, it will provide $30M for the moder...

Friday, October 20

The IFC will help Ukraine attract investment to develop energy storage systems.

The IFC will help Ukraine attract investment to develop energy storage systems. The Ministry of Energy and the International Finance Corporation (IFC) discussed the implementation of an energy storage project, which had been planned before the Russian invasion. Considering the mi...

Thursday, September 28

The IFC has invested $400M in Ukraine’s economy since the beginning of the war and is considering investments in the energy sector.

The IFC has invested $400M in Ukraine’s economy since the beginning of the war and is considering investments in the energy sector. The International Finance Corporation (IFC) has invested $400M into the Ukrainian private sector since the start of the full-scale war, said Olena Voloshina, head of the IFC in Ukraine. According to h...

Wednesday, September 27

The largest chicken exporter in Ukraine will receive up to $30M in financing from the IFC to expand the capacity of its biomethane production plant.

The largest chicken exporter in Ukraine will receive up to $30M in financing from the IFC to expand the capacity of its biomethane production plant. The International Finance Corporation (IFC) will resume cooperation with the MHP agricultural holding, the largest chicken producer in Ukraine, and provide a loan to its daughter company, the Vinnytsi...

Wednesday, July 26

The IFC announces its investment plans for Ukraine.

The IFC announces its investment plans for Ukraine. The International Financial Corporation (IFC) has decided on its investment directions in Ukraine, said Vice President of the IFC Alfonso Garcia Mora. “Since the war began, we have already inves...

Monday, July 24

The World Bank is considering a $1.5B investment in Ukraine’s economy.

The World Bank is considering a $1.5B investment in Ukraine’s economy. The World Bank’s private investment arm is considering investing $1.5B in several sectors of Ukraine’s economy, including banking, agriculture, and infrastructure, said a senior Internatio...

Wednesday, May 3

The new Horizon Capital fund for investment in Ukraine has several participants.

The new Horizon Capital fund for investment in Ukraine has several participants. The American International Development Finance Corporation (DFC) invested $25M in the Horizon Capital Growth Fund IV (HCGF IV), which has raised $254M for Ukraine to date. French Ambassador to Ukraine...

Friday, April 21

The IFC seeks to develop the Ukrainian Danube River infrastructure.

The IFC seeks to develop the Ukrainian Danube River infrastructure. Negotiations between Ukrainian Danube Shipping Company (UDP) management and representatives from the IFC regarding joint investment projects are ongoing, said Dmytro Moskalenko, UDP General Director. ...

Wednesday, April 19

IFC investments in Ukraine will soon reach $500M since the war began.

IFC investments in Ukraine will soon reach $500M since the war began. The International Finance Corporation (IFC) from the World Bank Group (WB) has invested $208M in Ukraine since the beginning of the full-scale Russian invasion. The total investment may increase to $5...

Wednesday, April 12

Ukraine’s Ministry of Finance and the IFC will expand the public-private partnership to rebuild and support Ukrainian businesses.

Ukraine’s Ministry of Finance and the IFC will expand the public-private partnership to rebuild and support Ukrainian businesses. On April 10, Minister of Finance of Ukraine Serhiy Marchenko met with the International Finance Corporation (IFC) Director Makhtar Diop. The parties discussed the prospects of expanding cooperation be...

Monday, December 19

The IFC will provide $2B in finances for Ukrainian businesses.

The IFC will provide $2B in finances for Ukrainian businesses. The Board of Directors of the International Finance Corporation (IFC), which is part of the World Bank, has supported a $2B financing program for Ukrainian businesses, Ukraine’s Economy Minister...

Wednesday, December 14

The IFC will help Ukraine find investors to restore its infrastructure.

The IFC will help Ukraine find investors to restore its infrastructure. The International Finance Corporation (IFC) will assist Ukraine in recovery and attracting infrastructure investment. The relevant memorandum of understanding between the Government of Ukraine and the...

Monday, October 31

The IFC will help Ukraine develop public-private partnership investment projects.

The IFC will help Ukraine develop public-private partnership investment projects. Ukraine’s Cabinet of Ministers have approved a draft version of a Memorandum of Understanding between the Government of Ukraine and the International Finance Corporation (IFC), which is part of the Wo...

Friday, September 23

The IFC has allocated $30M for investment in Ukraine and Moldova.

The IFC has allocated $30M for investment in Ukraine and Moldova. The International Finance Corporation (IFC), part of the structure of the World Bank, has allocated $30M for investments in Ukraine and Moldova, the Ministry of Economy reported. The money will be dir...

Thursday, December 23

EBRD, IFC to help structure the first PPP projects in Ukraine’s road sector.

EBRD, IFC to help structure the first PPP projects in Ukraine’s road sector. The EBRD and the IFC will work with the Ukrainian government to attract private-sector investment and improve the country’s infrastructure while creating jobs and accelerating economic recovery. Accor...

Thursday, October 21

EBRD and IFC to invest in the modernization of the Black Sea port of Chornomorsk. Both financial institutions are supporting the Ministry of Infrastructure of Ukraine and the Ukrainian Sea Ports Authority in structuring and tendering a public-private partnership (PPP) to modernize ...

Friday, August 14

After Belarus President Aleksandr Lukashenko cracked down violently in the wake Sunday’s presidential election, U.S. Secretary of State Mike Pompeo said Washington is considering ending oil shipments to Belarus. After Belarus President Aleksandr Lukashenko cracked down violently in the wake Sunday’s presidential election, U.S. Secretary of State Mike Pompeo said Washington is considering ending oil shipments ...

By Sept. 15, all of Ukraine’s ports are to complete “extraordinary measures for government supervision” of the import, handling and storage of ammonium nitrate, By Sept. 15, all of Ukraine’s ports are to complete “extraordinary measures for government supervision” of the import, handling and storage of ammonium nitrate, Prime Minister Shmygal has ordered. The...

Ukraine, Europe’s largest food exporter, is a major importer of ammonium nitrate, a key component of fertilizers. Ukraine, Europe’s largest food exporter, is a major importer of ammonium nitrate, a key component of fertilizers. Last year, Ukraine imported 716,000 tons, at least seven times the volume of 2016, acc...

At Pivdennyi, Ukraine’s busiest port, 9,600 tons of ammonium nitrate are stored “in accordance with all norms and standards,” At Pivdennyi, Ukraine’s busiest port, 9,600 tons of ammonium nitrate are stored “in accordance with all norms and standards,” the seaport administration says in a statement. The compound is “packed in...

Behind the devastating Beirut port explosion was a Russian business man who abandoned his ship, his 8-man Ukrainian crew and his cargo of ammonium nitrate in Beirut in 2013, Behind the devastating Beirut port explosion was a Russian business man who abandoned his ship, his 8-man Ukrainian crew and his cargo of ammonium nitrate in Beirut in 2013, according to a Reuters sto...

Flying the flag of Moldova, a landlocked nation, the ship, the Rhosus, was loaded in Sept. 2013 with 2,750 tons of ammonium nitrate produced by Rustavi Azot, a nitrogen producer in Georgia Flying the flag of Moldova, a landlocked nation, the ship, the Rhosus, was loaded in Sept. 2013 with 2,750 tons of ammonium nitrate produced by Rustavi Azot, a nitrogen producer in Georgia. The cargo ...

With the Rhosus disabled by the leak, Grechushkin abandoned the ship and the crew, With the Rhosus disabled by the leak, Grechushkin abandoned the ship and the crew, both news agencies report. Four crew members were forced by Lebanese officials to stay on the ship for 11 months to p...

IFC is supplying a $35 million loan to help Galnaftogaz to improve its supply of fertilizer and fuels to small farmers. IFC is supplying a $35 million loan to help Galnaftogaz to improve its supply of fertilizer and fuels to small farmers. The Lviv-based company has pioneered allowing farmers to buy fertilizer and seed...

After good weather in eastern and central Ukraine, the USDA has raised its Ukraine harvest forecasts to: 27 million tons of wheat, and 39.5 million tons of corn. After good weather in eastern and central Ukraine, the USDA has raised its Ukraine harvest forecasts to: 27 million tons of wheat, and 39.5 million tons of corn. “Yields are expected to be the second ...

Ukraine’s Avangard, Europe’s largest egg producer, may close six of its 20 farms, cutting production by 20% by mid-October, Ukraine’s Avangard, Europe’s largest egg producer, may close six of its 20 farms, cutting production by 20% by mid-October, reports Poultry World. UkrLandFarming, Avangard’s parent company, may have t...

Next year, Ukraine will create a domestic airline based on a fleet of regional jets produced by Kyiv’s Antonov Next year, Ukraine will create a domestic airline based on a fleet of regional jets produced by Kyiv’s Antonov, Infrastructure Minister Vladyslav Krykliy said yesterday on a visit to Kharkiv State Air...

Betting that corona travel restrictions will ease, SkyUp announces seven new international routes for its winter schedule. Betting that corona travel restrictions will ease, SkyUp announces seven new international routes for its winter schedule. Starting Oct. 25, Ukraine’s discount carrier will fly from Kyiv Boryspil to A...

Starting today, Ukraine’s new electronic visa platform launches at this address: Starting today, Ukraine’s new electronic visa platform launches at this address: https://evisa.mfa.gov.ua/. Citizens of India, the Philippines and South Africa will be able to get electronic visas for...

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