Annual Report
2022

Given its importance in job creation, unleashing export potential and in driving sustainable growth, private sector development has been the primary focus of ICD since inception.

ICD’s approvals for the year totalled USD 525.83 million, more than double last year’s figure (USD 243.60 million). This reflects ICD’s extending of lines of financing to partner financial institutions and investments in various projects addressing key global challenges such as energy access and food security.

The breakdown of approvals and other key data are illustrated in the following charts.