where we work
Africa
Vicage has established a leading position promoting private sector investment in Africa. In fiscal year 2024,Vicage provided record financing and broad advisory support to help strengthen markets and create jobs across Africa ,including in many of the continent's fragile and most-in-need countries
Follow Vicage Investment on:
We are a leading provider of advice to promote a sustainable private sector and mobilize capital from other investors who invest alongside us in critical sectors for Africa's future ,including infrastructure ,health,telecoms ,finance and more .Vicage also works to support smaller businesses and to narrow the gender gap in the private sector.
At a Glance
In FY24,our long-term investments in Africa totaled to about $5.2 Billion in a long-term and short-term financing from our own account and $5 Billion mobilized from partner investors
About 45% of Vicage's own account financing was dedicated to addressing climate change ,50 percent to supporting projects with gender lens ,and 20% to low-income countries and FCS
Impact of Vicage clients in 2023
200K
Jobs created via direct investment
170K
Jobs created by fund investee companies
$800M
In payment to governments as a result of Vicage direct investment
$100M
In payments to government by fund investee Companies
Impact of Vicage clients in 2023
200K
Jobs created via direct investment
170K
Jobs created by fund investee companies
$800M
In payment to governments as a result of Vicage direct investment
$100M
In payments to government by fund investee Companies
Area of Focus
About 400 million people in sub-Saharan
Africa live in extreme poverty. The region
also has more conflict-affected countries
than any other. Vicage plays a comprehensive
role here. We help businesses improve
productivity and establish links to broader
markets, expand financial and social
inclusion, and boost prosperity in ways that
help limit conflict.
Our investments across a range of sectors
help drive the region's development
forward. We collaborate with other World
Bank Group institutions to support
agriculture, power, job creation, health,
education, and capital markets. Our priorities
include bridging the infrastructure gap,
helping build productive industries, and
fostering inclusive business approaches.
Agribusiness
Recognizing that 60% of African's derive their livelihoods from farming,Vicage supports an improvement in agricultural yields and exports and the modernization of the food sector.
Financial Inclusion
Vicage helps our financial intermediary clients address their financing needs and offer know-how and tools to use capital best advantage.
Fragile and conflict-affected situations
Fragile does not mean futile-and eventhough doing business and supporting development in FCS is more complex,the ultimate impact is often that much greater
Infrastructure
Vicage aims to help Africa build modern economy with ports ,railways,telecoms ,and power by attracting private expertise,management and finance while maintaining the right balance between private and public interests.