TechVenture Africa: $30 million grant from IFC

On May 25, IFC went even further in supporting African private sector and
investment climate reform by approving its $30 million grant to the Investment Climate Facility for Africa. IFC will also contribute expertise to the facility, based on its experience investing in the private sector in developing countries

Intel Chairman Craig Barrett on the U.N. and Silicon Valley

"Silicon Valley IT companies are in the right place at the right time to help the United Nations address the world's health, education, and economic problems. Barrett, who has been appointed the chairman of the U.N.'s Global Alliance for ICT and Development, says, "My job is to make sure that we don't talk a lot, but we do a lot." The Alliance will meet today at the the Computer History Museum in Mountain View, Calif., to discuss the role of Silicon Valley in the U.N.'s information technology goals.

Intel's chairman at the company's headquarters in Santa Clara. February 28th, 2007 12:01 am

IFC Executive Vice President Lars Thunell

"The investment climate remains a major challenge on Sub- aharan Africa's path to a better future. African businesses currently face one of the world's highest levels of regulatory obstacles to Entrepreneurs. Africa has also been one of the world's slowest regions to reform its investment climate. Private investors need the right environment to operate. Transparent, robust institutions and an efficient and clear business regulatory environment are also needed to establish the conditions necessary for growth."

TechVenture Africa

$30 million grant from IFC

Blog Archive

Intel Chairman Craig Barrett on the U.N. and Silicon Valley

Historic Meeting of Silicon Valley to solve Emerging world issues

Other Stakeholders

IFC & Investment in Africa

IFC Executive Vice President Lars Thunell

World Economic Forum on Africa 2007

Commission for Africa

Venture Capital Start-Ups

Private Sector Actors

UN

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Company's I watch in Africa