IFC’s Namibia portfolio shrinks to N$53m

Chamwe Kaira 

The International Finance Corporation’s (IFC) portfolio exposure in Namibia amounted to US$3.08 million (N$53 million) in the financial year ended 30 June 2025, representing 0.01% of its global disbursed portfolio. 

This was down from US$10.67 million (N$184 million) in 2024. IFC’s investments in Namibia focus on access to finance, SME support, and infrastructure development, with an emphasis on resilient markets and private capital.

IFC, established in 1956 and part of the World Bank, aims to further economic development by encouraging private enterprise in member countries.

The corporation reported a net income of US$2 billion in 2025, compared to US$1.5 billion in 2024. Allocable income rose to US$1.7 billion from US$1.6 billion. 

The increase was driven by higher unrealised gains on borrowings, treasury and equity income, partly offset by lower income from loans and debt securities.

IFC delivered US$71.7 billion in long-term and short-term financing, up 28% from 2024. 

Commitments from its own account totalled US$28.3 billion, down from US$31.7 billion the previous year. Disbursements reached US$23 billion in 2025, compared to US$19.1 billion in 2024, excluding guarantees.

The carrying value of IFC’s outstanding investment portfolio stood at US$67.5 billion as of 30 June, an increase of US$8.8 billion from the prior year. Growth came from US$7.7 billion in net disbursements, reflecting high levels of commitments.

The net asset value of the liquid asset portfolio rose by US$7.1 billion to US$44.8 billion, mainly from a US$5.6 billion increase in the market-funded liquidity portfolio due to higher borrowings. 

Borrowings outstanding climbed by US$15.7 billion to US$71.5 billion, driven by US$13 billion in net new issuances for anticipated disbursements.

New medium- and long-term borrowings reached US$23.4 billion in 2025, compared to US$13.1 billion in 2024.

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