IFC’s entry into the HFC funding round aims to support its expansion in Africa, with a particular emphasis on accessibility to credit for small and medium-sized enterprises (SMEs), particularly those led by women. This strategic partnership will also contribute to the development of green projects, an essential axis for the transition to a more sustainable economy.
“This partnership is an important lever to support our ambitions for growth and financial inclusion in Morocco and Africa,” declared Mohamed Hassan Bensalah, CEO of the Holmarcom Group, adding that “Thanks to the support of IFC, we will be able to respond in a manner more effective to the evolving needs of our clients and strengthen our governance to better integrate environmental, social and governance (ESG) issues. »
Support for SMEs and sustainable finance
IFC’s role is not limited to financial investment. The institution will also provide its expertise in governance, in particular on ESG issues, in order to help HFC structure its projects in favor of SMEs and the climate. This support will help create impactful solutions, for both the insurance and banking sectors, to promote access to finance for small businesses, a key driver of sustainable economic growth.
Aliou Maiga, Director of the IFC Financial Institutions Group for Africa, said that this investment “fits perfectly with our strategy to promote financial inclusion and sustainability across Africa. This partnership with Holmarcom allows us to unlock new opportunities for SMEs, women entrepreneurs and climate finance, thereby strengthening the inclusive economic development of the continent. »
A concrete impact for Morocco and Africa
Over the past few years, IFC has actively supported Morocco’s economic development, having mobilized more than $1 billion to strengthen key sectors of the economy. In 2024, approximately $600 million has been invested, consolidating the IFC’s role as a catalyst for economic growth and resilience, both in Morocco and across the African continent.
