Poor infrastructure is having a major impact on Africa's competitiveness.
The IFC's commitment to Africa is stronger than ever.
The US$205 million project will improve the high-voltage network in Dakar.
Sub-Saharan Africa has an urgent need to expand its healthcare infrastructure.
The IFC invested US$11.5 billion across 40 countries.
Namibia, Eritrea and Tanzania have seen major growth in the first half of the year.
Annual investment of US$170 billon is needed up to 2030.
The gas-fired power plants have a combined capacity of 540MW.
The solar storage project is being supported with a 20-year PPA.
The expansion of the bank's mandate was approved on 18 May.