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Washington - The International Finance Corporation (IFC)
said on Wednesday it will issue more than $1bn in local currency bonds over the
next 10 years to support African markets.
IFC, a member of the World Bank Group, said Ghana and eight
member countries of the West African Monetary Union were participating.
Money from the bond sales will fund IFC projects that support private sector development in key areas such as infrastructure construction and the provision of loans to small and medium businesses, the IFC said.
