IFC to boost Mozambique farm finance
The International Finance Corporation wants to increase funding for smallholder farmers and SMEs.
The International Finance Corporation (IFC), part of the World Bank Group, wants to increase cooperation with Mozambique. The IFC aims to mobilise finance and investment for agriculture, energy, logistics, tourism, digital transformation, and business development.
The IFC will pay special attention to smallholder farmers and micro, small, and medium-sized enterprises (MSMEs). This focus aims to improve access to funding and investment for these sectors of the Mozambican economy.
This renewed cooperation follows discussions between the IFC and Mozambique. The goal is to strengthen private sector development across several key economic areas.
Why it mattersMozambican smallholder farmers and small businesses will receive increased attention for financing and investment.