IFC’s aim is to help develop socially responsible private education and make a difference in people’s lives by:
Supporting investment in education infrastructure and services:
From 2000 to 2007, IFC provided $237 million in financing to 37 private education projects in 20 developing countries. The projects had a total value of $839 million.
Supporting investment in the poorest countries to spur sustainable growth:
Fourteen IFC education projects (38 percent) were in IDA (International Development Association) countries, which are considered the world’s poorest developing countries.
Increasing access to education for people of all income levels:
IFC projects educate about 700,000 students in 23 developing countries annually.
Providing employment opportunities for local education professionals:
IFC-supported education facilities employ about 18,000 people in developing countries.
Sharing best practice:
IFC organizes numerous events and learning opportunities including our biennial International Private Education Conference, which brings our clients together with thought leaders from business, education, and academia. Presentations of previous IFC-organized conferences can be viewed at Events/Presentations.
Influencing education policy:
We bring together education professionals and policymakers through numerous international and regional conferences and seminars aimed at exploring public-private collaboration and partnerships.
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