Thursday, November 13, 2008

Int. Finance Corporation looking to South Sudan’s potential

November 11, 2008 (JUBA) -– A member of the World Bank Group said it will explore investment opportunities in Southern Sudan following successful investment climate reforms. "New opportunities are emerging in such sectors as energy, construction materials, hotels, trade finance, and micro finance," a press release said.

The International Finance Corporation (IFC), one of the World Bank Group members, says that it aims to create opportunity for people to escape poverty and improve their lives. The corporation supports private sector development, mobilizes private capital, and provides advisory and risk mitigation services to businesses and governments.

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