May 7th, 2024 - 07:27 GMT
Kuwait City, May 7, 2024—The International Finance Corporation (IFC), a member of the World Bank Group, and the Arab Fund for Economic and Social Development (AFESD) announced today that AFESD has joined the IFC's Master Cooperation Agreement (MCA), becoming the third signatory from the Arab region. This partnership underscores the shared commitment of both organizations to enhancing economic and social development through collaborative efforts. Based in Kuwait, AFESD is an Arab regional financial institution focused on funding economic and social development by financing key public and private investment projects, along ...