Investogist
No Result
View All Result
Tuesday, May 20, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

    Breaking: President Joe Biden diagnosed with “aggressive” cancer

    Mexican Navy Ship crashes into New York Bridge

    Mexican Navy Ship crashes into New York Bridge

    Pope Leo XIV holds inaugural mass, sets tone for his papacy

    Pope Leo XIV holds inaugural mass, sets tone for his papacy

    Two Climbers have died on Mount Everest – Nepalese hiking officials

    Two Climbers have died on Mount Everest – Nepalese hiking officials

    Passport processing: Immigration to open passport desks at international airports

    Federal Government Launches Online Citizenship and Business Management Platform

    Sunny Anene raises his stake in United Capital Plc

    Tantalizers PLC acquires Grand Media Projects Limited

    Finland charges Simon Ekpa with inciting terrorism

    Finland charges Simon Ekpa with inciting terrorism

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    Nissan plans to shut car assembly plants in Japan and overseas

    Nissan plans to shut car assembly plants in Japan and overseas

    Sunny Anene raises his stake in United Capital Plc

    Tantalizers PLC acquires Grand Media Projects Limited

    Old ₦200, ₦500, and ₦1,000 banknotes remain legal tender – CBN

    Japaul to raise ₦500 billion capital for gold mines development and acquisition

    Breaking: NNPC releases statement on fuel price adjustment

    President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board

    Sunny Anene raises his stake in United Capital Plc

    Renaissance completes acquisition of Shell Petroleum Company of Nigeria

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    Meta set to lay off employees in Africa, Europe, Asia

    Meta set to lay off employees in Africa, Europe, Asia

    Release of Oando’s 2019 Annual Financial Statements delayed again

    Oando Plc expands African upstream portfolio with oil block bid win in Angola

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    SEC approves Busha and Quidax as crypto exchanges in Nigeria

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    Dangote refinery set to import Crude oil from Brazil

    Dangote refinery set to import Crude oil from Brazil

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

    Breaking: President Joe Biden diagnosed with “aggressive” cancer

    Mexican Navy Ship crashes into New York Bridge

    Mexican Navy Ship crashes into New York Bridge

    Pope Leo XIV holds inaugural mass, sets tone for his papacy

    Pope Leo XIV holds inaugural mass, sets tone for his papacy

    Two Climbers have died on Mount Everest – Nepalese hiking officials

    Two Climbers have died on Mount Everest – Nepalese hiking officials

    Passport processing: Immigration to open passport desks at international airports

    Federal Government Launches Online Citizenship and Business Management Platform

    Sunny Anene raises his stake in United Capital Plc

    Tantalizers PLC acquires Grand Media Projects Limited

    Finland charges Simon Ekpa with inciting terrorism

    Finland charges Simon Ekpa with inciting terrorism

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    Seyi Makinde sympathizes with traders over Alesinloye market fire incident in Ibadan

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    President Trump pauses Military aid to Ukraine after clash with Ukraine President Zelensky

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    Nissan plans to shut car assembly plants in Japan and overseas

    Nissan plans to shut car assembly plants in Japan and overseas

    Sunny Anene raises his stake in United Capital Plc

    Tantalizers PLC acquires Grand Media Projects Limited

    Old ₦200, ₦500, and ₦1,000 banknotes remain legal tender – CBN

    Japaul to raise ₦500 billion capital for gold mines development and acquisition

    Breaking: NNPC releases statement on fuel price adjustment

    President Tinubu sacks Mele Kyari, dissolves NNPC Limited’s Board

    Sunny Anene raises his stake in United Capital Plc

    Renaissance completes acquisition of Shell Petroleum Company of Nigeria

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    Meta set to lay off employees in Africa, Europe, Asia

    Meta set to lay off employees in Africa, Europe, Asia

    Release of Oando’s 2019 Annual Financial Statements delayed again

    Oando Plc expands African upstream portfolio with oil block bid win in Angola

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    NGX Daily Equities Market Report: Market gains for third consecutive days

    NGX delists Flour Mills shares, lists additional NB and Jaiz Bank shares

    Bitcoin soars above $21,000 as U.S. dollar sags

    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin (BTC) rises above US$90,000 records a new all time high

    Bitcoin crosses US$60K, approaches All-Time High

    Bitcoin (BTC) rises above US$80,000

    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

    NGX RegCo suspends Trading of Oando Plc shares

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    SEC approves Busha and Quidax as crypto exchanges in Nigeria

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    GTCO is offering a subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at ₦44.50 per share

    Dangote refinery set to import Crude oil from Brazil

    Dangote refinery set to import Crude oil from Brazil

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Financial Education

The International Finance Corporation (IFC): Project/Investment Cycle

A Viable Alternative to get Capital for your Business – IFC (a member of the World Bank Group)

Friday, 22 May 2020, 10:32 pm
in Financial Education
0
The International Finance Corporation (IFC): Project/Investment Cycle
Share Share Share Share Send as Email

The proposal has been drafted to contain all preliminary information required by the IFC as listed in the last publication. The proposal has been submitted to the appropriate IFCs department or regional office, one of which is in Lagos Nigeria (Refer to the publication on 8 May, 2020).

The stages of the cycle that comes next is as follows;

1. Business Development: IFC Investment Officers (IOs) and business development officers decide suitable projects and businesses. This is done through a conversation with the business owner to understand the business needs and determine if there is a role for the IFC to play in the business.

2. Early Review: This is carried out by the Investment Officers, they prepare a description of the project, define what IFC’s role would be, the anticipated contribution to the development of the project, the benefit it will bring to stakeholders, and any potential deal-breakers.

Lessons from previous projects are also considered here, and depending on the nature of the project, a pre-appraisal visit is conducted to identify issues in advance.

Read; How much is the Business Worth?

This early review is presented to the IFC senior management who then decides whether to authorize the project appraisal.

3. Appraisal: The appraisal is carried out by an investment team, who assesses the full business potential, risks, and opportunities associated with the investment through discussions with client and visits to the project site.

The following question are asked by the team: Is the investment financially and economically sound? Can it comply with IFC’s social and environmental Performance Standards? Have lessons from prior investments been taken into account? Have the necessary disclosure and consultation requirements been met? How can the IFC help the client further improve the sustainability of the project or enterprise?

4. Investment Review: At the conclusion of the appraisal, the project team will make a recommendation to the IFC departmental management, who will decide whether to approve the project. The submission of the recommendation to the IFC departmental management is a key stage in the investment cycle.

5. Negotiations: Having gotten an approval for the project in the last stage, the project team starts to negotiate the terms and conditions of IFC participation with the client. The negotiation will cover the following; conditions of disbursement and covenants, performance and monitoring requirements, agreement of action plans and resolution of any outstanding issues.

6. Public Notification: Before submitting the proposed investment to the Board for review, a Summary of Proposed Investment (SPI) for the project and the environmental and social review, where applicable , are posted on IFC’s Website. The length of the disclosure period is determined by the category of the project.

7. Board Review and Approval: The project is submitted to IFC’s Board of Directors for consideration and approval through regular or streamlined procedures. “Streamlined” means that the members of the Board review the documents but don’t meet to discuss the project.

Read; Nigeria’s Business Laws and Tax System: What every Business Owner should Know: Part 1

The streamlined option is available to low-risk projects of a small enough size. Certain small projects can be approved by IFC management under delegated authority. The due diligence process and public disclosure remain the same in all cases.

For any project to pass through the Board, the investment must have economic, financial, and development value and reflects IFC’s commitment to sustainability.

8. Commitment: If the Board approves the project, the IFC and the company sign the legal agreement for the investment. The agreement includes the client’s agreement to comply with the applicable Performance Standards, to immediately report any serious accident or fatality, and to provide regular monitoring reports. includes the client’s agreement to comply with the applicable Performance Standards, to immediately report any serious accident or fatality, and to provide regular monitoring reports. The legal agreement will also covenant the client’s Action Plan.

9. Disbursement of Funds: The funds are often paid out in stages or on condition of certain steps being completed as agreed in the legal agreement between the IFC and the client.

10. Project Supervision and Development Outcome Tracking: The IFC monitors its investments to ensure compliance with the conditions in the loan agreement. The company will submit regular reports on financial as well as social and environmental performance, and information on factors that might materially affect the enterprise.

Read; Building a Business based on Local content-Lessons for a would-be Entrepreneur

The dialogue during supervision allows IFC to support clients, both in terms of solving issues and identifying new opportunities. The IFC will also track the project’s contribution to development against key indicators identified at the start of the investment cycle.

11. Evaluation: The project will be evaluated on a regular basis by the IFC. This helps in making improvements in operational performance. An annual evaluation is conducted based on a stratified random sample of projects that have reached early operating maturity.

12. Closing: When the business has repaid the investment made by the IFC in full or the IFC exit the business by selling its equity stake, the books on the project will be closed. In specific cases the IFC may decide to write off the debt owed by the business. The goal of the IFC is to help the client reach a high level of sustainability that will continue long after its involvement has ended.

In the commitment stage, it was stated that in signing the legal agreement for the investment, the client will agree to comply with applicable performance standards.

What are these performance standards?

Written by;

Nnamdi M.

Related Posts:

  • IFC
    The International Finance Corporation (IFC):…
  • ifc-headquarter-atrium-lobby
    The International Finance Corporation (IFC):…
  • IFC
    A Viable Alternative to get Capital for your…
  • Jim-Ovia 1
    Zenith Bank Plc Borrows $100 Million from the…
Previous Post

Pakiskan International Airline Plane Crashes in into Residential Area in Karachi

Next Post

Only 4 States Generated Internal Revenue Greater Than its Federation Account Allocation in 2019

Next Post
Only 4 States Generated Internal Revenue Greater Than its Federation Account Allocation in 2019

Only 4 States Generated Internal Revenue Greater Than its Federation Account Allocation in 2019

Please login to join discussion
  • Trending
  • Comments
  • Latest
List of Dividends announced in 2024, qualification and payment dates

List of Dividends announced in 2024, qualification and payment dates

North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

ELECTION: How to check your polling unit, code online

Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

Breaking: President Joe Biden diagnosed with “aggressive” cancer

Sunny Anene raises his stake in United Capital Plc

Tantalizers PLC acquires Grand Media Projects Limited

Canceling Keystone XL pipeline cost thousands of jobs, billions of dollars – Biden Administration

Breaking: President Joe Biden diagnosed with “aggressive” cancer

Mexican Navy Ship crashes into New York Bridge

Mexican Navy Ship crashes into New York Bridge

Pope Leo XIV holds inaugural mass, sets tone for his papacy

Pope Leo XIV holds inaugural mass, sets tone for his papacy

NGX Daily Equities Market Report: Market gains for third consecutive days

CSCS Plc explores listing on the Nigerian Exchange (NGX)

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved