FIAS Supports a Global Portfolio

In FY23 and FY24 the FIAS portfolio has grown substantially, more than doubling the number of projects in the portfolio in two years. As of June 30, 2024, the end of FY24, the FIAS portfolio consisted of 172 projects (up from 72 at the end of FY22), of which 162 were client-facing (mostly country- or region-specific with 6 global “platforms” with client-facing components); 10 were global projects spanning knowledge, product, and program development.

FIAS has supported projects in 70 client countries through FY24. Of the 70 countries benefiting from FIAS-supported projects, 29 were in Sub-Saharan Africa; 42 of the client countries are borrowing countries of the International Development Association—more than half of all IDA countries worldwide. And FIAS is working in 20 countries on the World Bank Group’s list of fragile and conflict-affected situations—representing more than half of all FCS countries.

These developments are reflective of the strong FIAS partnership that helps IFC prevent, mitigate, and adapt to the current interrelated global crises, impacting these highly challenging and sensitive political, economic, and social environments. With over 100 projects added to the portfolio in FY23–24, FIAS-supported work responds with agility and resilience, as advisory teams develop and implement tailored approaches to the complex set of issues and the risks. IFC advisory services geared toward IDA, Africa, and FCS help to remove investment barriers and create opportunities to attract private capital where it is needed most. Repairing and rebuilding economies must continue in the context of conflict and economic volatility to create resilient solutions. With emphasis on investment generation and retention, gender, climate, and digitalization, FIAS activities are unlocking ways for the private sector to help boost economic growth and support livelihoods.

FY22–26 FIAS Client Countries and Priority Areas

 

IDA

FCS

 

IDA

FCS

 

IDA

FCS

Sub-Saharan Africa

27

12

Central Asia & Türkiye

3

0

Latin America & Caribbean

1

0

Benin

Y

 

Kyrgyz Republic

Y

 

Brazil

 

 

Burkina Faso

Y

Y

Tajikistan

Y

 

Colombia

 

 

Cabo Verde

Y

 

Uzbekistan

Y

 

Costa Rica

 

 

Cameroon

Y

Y

East Asia and the Pacific

5

3

Dominican Rep.

 

 

Comoros

Y

Y

El Salvador

 

 

Congo, Dem. Rep.

Y

Y

Cambodia

Y

 

Guatemala

 

 

Côte d’Ivoire

Y

 

Fiji

Y

 

Honduras

Y

 

Ethiopia

Y

Y

Indonesia

 

 

Mexico

 

 

Gabon

 

 

Lao PDR

 

 

Peru

 

 

Ghana

Y

 

Mongolia

 

 

North Africa

0

0

Kenya

Y

 

Papua New Guinea

Y

Y

Egypt

 

 

Madagascar

Y

 

Philippines

 

 

Morocco

 

 

Malawi

Y

 

Solomon Islands

Y

Y

Tunisia

 

 

Mali

Y

Y

Timor-Leste

Y

Y

South Asia

3

0

Mauritania

Y

 

Viet Nam

 

 

Bangladesh

Y

 

Mozambique

Y

Y

Europe

1

3

India

 

 

Niger

Y

Y

Albania

 

 

Nepal

Y

 

Nigeria

Y

Y

Azerbaijan

 

Y

Sri Lanka

Y

 

Rwanda

Y

 

Bosnia and Herzegovina

 

 

SUMMARY

Senegal

Y

 

Georgia

 

 

Client Countries

70

Sierra Leone

Y

 

Kosovo

Y

Y

Somalia

Y

Y

Moldova

 

 

IDA

42

South Africa

 

 

North Macedonia

 

 

South Sudan

Y

Y

Serbia

 

 

Sub-Saharan Africa

29

Tanzania

Y

 

Ukraine

 

Y

Togo

Y

 

Middle East Region

2

2

Uganda

Y

 

Afghanistan

Y

Y

FCS

20

Zambia

Y

 

Iraq

 

Y

Zimbabwe

Y

Y

Pakistan

Y

 
To date in the FY22–26 strategy cycle, FIAS is supporting projects in 70 client countries. Source: IFC.

To date in the FY22–26 strategy cycle, FIAS is supporting projects in 70 client countries. Source: IFC.