Publication:
IFC and Portugal, Partners in Private Sector Development

dc.contributor.authorInternational Finance Corporation
dc.date.accessioned2024-03-20T17:24:37Z
dc.date.available2024-03-20T17:24:37Z
dc.date.issued2023-09-01
dc.description.abstractIn 2019, IFC and SOFID, the Portuguese development finance institution, signed a Memorandum of Understanding (MoU) to support sustainable tourism investments in emerging markets as an engine for growth and job creation in Lusophone African countries, with an initial focus on São Tomé e Príncipe. IFC signed an MoU with the Portuguese Ministry of Finance in 2015 to reinforce cooperation and promote the financing of investment projects by Portuguese companies in emerging markets. In 2021, IFC became the first institutional partner to the Lusophone Compact, a partnership between Africa Development Bank, Portugal and six Portuguese-speaking countries of Africa. The Lusophone Compact promotes private sector development by providing risk mitigation, financing instruments, and technical assistance to encourage businesses in member countries. Its goals are closely aligned with IFC’s Creating Markets strategy to unlock opportunities for private sector investment through private sector diagnostic work, risk mitigation and financing of viable projects.en
dc.identifierhttp://documents.worldbank.org/curated/en/099530403122426719/IDU1bb0c2bc8132a114b7d1bdfc1094d76665ad5
dc.identifier.doi10.1596/41235
dc.identifier.urihttps://hdl.handle.net/10986/41235
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATE SECTOR DEVELOPMENT FOR PPP
dc.subjectTOURISM
dc.subjectTOURISM ANALYSIS AND IMPACT
dc.titleIFC and Portugal, Partners in Private Sector Developmenten
dc.typeBrief
dspace.entity.typePublication
okr.date.disclosure2024-03-12
okr.date.lastmodified2024-03-12T00:00:00Zen
okr.doctypeBrief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099530403122426719/IDU1bb0c2bc8132a114b7d1bdfc1094d76665ad5
okr.guid099530403122426719
okr.identifier.docmidIDU-bb0c2bc8-32a1-4b7d-bdfc-094d76665ad5
okr.identifier.doihttps://doi.org/10.1596/41235
okr.identifier.externaldocumentum34279378
okr.identifier.internaldocumentum34279378
okr.identifier.report188281
okr.import.id3517
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099530403122426719/pdf/IDU1bb0c2bc8132a114b7d1bdfc1094d76665ad5.pdfen
okr.region.countryPortugal
okr.topicPrivate Sector Development::Private Sector Economics
okr.topicEnvironment::Tourism and Ecotourism
okr.topicFinance and Financial Sector Development::Insurance & Risk Mitigation
okr.unitWestern Europe Regional Dept (CWEDR)
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