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Updated Friday, February 5, 2010 10:51 am TWN, Reuters

IFC invests US$2 bil. in sub-Saharan Africa 09/10

LONDON -- The World Bank's private sector lending arm is investing more than US$2 billion in sub-Saharan Africa in the 2009/10 fiscal year as investment opportunities improve, the lender's head said yesterday. “Last year, we did US$1.8 billion in sub-Saharan Africa,” Lars Thunell, CEO of the International Finance Corporation, told Reuters following a presentation.

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