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IFC has established a leading position promoting private sector investment in Africa. Over nearly six decades, IFC has invested more than $60 billion in African businesses and financial institutions, and our current portfolio exceeds $12 billion. We are a leading provider of advice to promote a sustainable private sector and mobilize capital from other investors who invest alongside IFC in critical sectors for Africa’s future. We are also deploying fast-track funding and advisory support to help African businesses weather the effects of the COVID-19 pandemic.