Economics
IFC Plans to Boost Africa Investment to $4.3 Billion in 2013
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The International Finance Corp. expects to invest at least $4.3 billion in sub-Saharan Africa in 2013 with a focus on energy and transportation, said Jin-Yong Cai, executive vice president and chief executive officer.
That’s an increase from a record $4 billion put into the region this year, he said in an interview in Dakar, Senegal’s capital, yesterday.