PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609826

Primary Business Area

Financial Institutions Group

Disclosure Date

May 11, 2025

Country

Ethiopia

Region

Africa

IFC Approval Date

May 8, 2025

Status

Active

Estimated Total Budget

$300,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 13, 2025

Project Estimated Start Date

Jun 1, 2025

Project Estimated End Date

Dec 31, 2026

Project Description

IFC will assist Wegagen Bank in aligning its treasury and risk management practices with best practices, considering the local context. This will include reviewing existing policies, processes, and procedures, and introducing new tools and techniques to manage various risks effectively

Development Results

E&S Risks / Impacts and Mitigation