Page 18 - ICD-AR22-English

2.3 Highlights since inception
Since inception, ICD has delivered USD 7.61 billion in cumulative approvals and USD 4.07 billion
in disbursements for private sector development.
Since ICD’s establishment in 1999, it has approved 524 projects, valued at USD 7.61 billion. ICD approvals support a wide array of industries including finance, infrastructure, agriculture, manufacturing and energy, with investment operations active in 50 member countries.
Our approvals include:
• 130 Line of Finance projects valued at USD 3.39 billion
• 233 Term Finance projects valued at USD 2.63 billion
• 146 Equity projects valued at USD 1.06 billion
• 15 Funds projects valued at USD 532.85 million
To date, 79.13% of approvals have been allocated to credit financing (term finance plus line of finance), followed by 13.87% in equity participation (institutional equity and corporate equity),
and the remaining 7.00% in funds.
By far, the largest share of approvals since inception has been allocated to the finance sector (excluding funds) which is the intermediation
of SME finance, representing 52.63% of gross approvals (more than USD 4.00 billion) to date.
FIGURE 2.6
TOTAL PROJECT APPROVALS BY PRODUCT SINCE INCEPTION
● LINE OF FINANCE 44.60%
● TERM FINANCE 34.53%
● EQUITY 13.87%
● FUNDS 7.00%
FIGURE 2.7
TOTAL DISBURSEMENTS BY PRODUCT SINCE INCEPTION
● LINE OF FINANCE 43.21%
● TERM FINANCE 35.20%
● EQUITY 14.62%
● FUNDS 6.97%
16 ICD ANNUAL REPORT 2022