devinitorg/iati-policy-markers huggingface dataset:
BECO Booster Fund II, L.P. BECO Booster Fund II, L.P. (BECO or the Fund), is a venture capital fund dedicated to investing in early stage technology companies originating primarily in GCC Countries, Egypt, Lebanon and Jordan and opportunistically in the other countries in the Middle East Region. BECO intends to invest in digital businesses that are contributing to the shift from offline to online. The Fund particularly focuses on: i) Marketplaces ii) Tech Infrastructure iii) Software-as-a-Service (SaaS): and iv) Local Content. It also looks at general tech enabled businesses opportunistically. i.	 Support for SMEs: IFC experience has shown that small to midcap companies can achieve higher job creation rates than large cap companies. IFC would support job creation in the MENA region as the Fund's strategy, of investing in early stage companies with the potential to become high growth and high impact companies, is in line with IFC's development impact strategy.
ii.	Access to long term early stage venture capital is limited in MENA. The gap is currently filled with a fragmented network of angel investors (mostly friends and family) who have limited capacity for follow on investments, limited management skills and a smaller network with which to support the investee companies' growth. These investors also have a shorter term investment horizon and IFC would create tremendous impact in the tech ecosystem through its longer term patient investment horizon.
iii.	Support of local entrepreneurship / innovation in high growth technology sectors.
iv.	Private sector development: The ability of the Fund to identify best practices and superior management skills in its invested companies and subsequently disseminate them across the portfolio through an institutionalized, scalable manner, may lead to increased competitiveness and sustainability.
v.	Foster job creation and economic growth, specifically:
-	contribution to GDP growth;
-	contribution to job growth in both blue and white collar sectors, including creation of female jobs and workplace optionality; and
-	providing consumers access to products and services in a far more efficient manner, saving both time and money.
Nuqul (MENA) Headquartered in Amman, Jordan, the Nuqul Group is a leading regional manufacturing group primarily involved in the production of jumbo tissue rolls and their subsequent conversion into paper-based hygienic products such as facial tissues or diapers. The proposed project mainly consists of expanding the Groups conversion capacity in facial tissue, toilet paper, napkins and diapers in Egypt and Jordan. This Project is the continuation of Nuquls expansion efforts across the MENA region and will enable it to cater to the basic hygienic needs of populations in Jordan, Morocco, Egypt, Iraq, Syria, Algeria, Libya, Algeria and Tunisia. Additionally, part of the project funding may be utilized to support investments in energy and water savings as identified in the context of IFCs Advisory Services collaboration with Nuqul. Improved economic resilience:
The expansion of conversion capacity in the host countries of the project (namely Egypt and Jordan), will help support the local economic environment by decreasing reliance on typically more expensive and volatile imported goods. Additionally, the manufacturing focus of the project will support diversification of the economy in the countries where the new capacity will be established. The project will also enable Nuqul to increase its internal consumption of jumbo tissue rolls and focus its sales on higher-margin finished products, thereby improving its operational performance and resilience.

Spread of world-class business practices:
Over the past years, Nuqul has made significant progress on the path to institutionalization notably in separating ownership and management as well as implementing world-class corporate governance and business practices. The Nuqul Group is a highly respected institution across the MENA Region and the project will enable Nuqul to spread its commendable business practices by expanding the Groups regional reach. 

Benefits of regional integration:
The project will facilitate increased trade linkages within the region and serve as an example to other players of the rewards available from global integration.

Improved living standards for the populations: 
The project will create sustainable employment opportunities in countries where youth unemployment is a major issue.  Domestic and efficient operations will enable the Nuqul Group to bring more affordable quality products in the market, thereby improving the local populations access to products catering to basic human needs.

Demonstration effect: 
By providing long term financing in markets where these types of financing are typically not available, IFC sets a long term interest rate benchmark for commercial loans of longer tenors. This may lead to the eventual development of a long term interest rate curve in the local market and enable local lenders to provide these types of financing.

Cleaner production support:
The project will support the Nuqul Groups efforts to move towards cleaner production, thereby contributing to decreasing the Groups environmental footprint.
DARP - OB Project The project consists of establishing (i) a regional DARP Investment Vehicle for mobilizing private sector
capital to acquire and manage an economic interest in pools of non-performing loans (NPLs) across several
markets in Europe, Middle East & North Africa (EMENA) and (ii) a regional NPL servicer to service the
acquired NPLs (the Project). For this purpose, IFC shall be co-investing with affiliates of Omni Bridgeway
Holding B.V. (OB Group) in both the Investment Vehicle and the regional NPL servicer. IFC expects to have the following project and market level impacts from this Project.

-	Positive impact on financial institutions: Through this project, IFC anticipates to support the development of NPL or distressed assets market across the EMENA region with the aim to allow NPL sellers to dispose of their NPL portfolio, improve their liquidity and allow them to originate new loans. 
-	Enhance access to finance: The project will improve the financial standing of the ultimate borrowers, specifically SMEs to â??normalize' their obligations with their lenders i.e. NPL sellers (financial institutions and/banks) and allow them to re-enter the financial system. 
-	Promote best practice distressed asset resolution: The Project aims to encourage adoption of international insolvency standards, with the support of the OB Group in conjunction with their use of legal, ethical and consensual recovery techniques. 
- Boost market competitiveness: Implementation of this Project is expected to develop the EMENA NPL / distressed asset resolution market by encouraging more NPL sellers, buyers and servicers to enter this space; which in turn will promote the overall competitiveness of this asset class across the region. Furthermore, it will help stimulate market wide adoption of specialized processes and best practice by servicers for distressed asset resolution in the regional.
Viking Services BV Viking Services BV (Viking) and its subsidiaries are acquiring new oilfield services equipment and regional companies, which own oilfield services equipment, for expansion of its existing operation in Turkey and northern Iraq, as well as expansion to eastern Europe and northern Africa. With the acquisition, Viking will increase its drilling rig fleet from 15 to 20 and seismic crews from three to five. i. Development of the hydrocarbon sector in Turkey and Iraq: The Thrace Basin in Turkey is the country''s largest producing gas province providing opportunities for gas exploration. Any gas produced in the Thrace Basin is going to be used domestically. Being the main private oil services company in Turkey, the company will help oil and gas operators develop indigenous hydrocarbon resources and thus contribute to the country''s goals of reducing energy dependence and displacing other fuels with natural gas. As Iraq hopes to significantly boost its output capacity which continues to be crucial for the country''s economic recovery, the company''s oilfield services are an important contribution to sector development in the region it operates.  ii. Increased competition in the service sector: The company''s competition in Turkey is generally of poor quality and high cost. Through establishing and expanding its operations, the company will aim to provide more competitive pricing for its services, and offering improved quality and response times in Turkey. iii. Employment and training: The company currently employs an international workforce of roughly 1,100,  almost 90% of which are local hires.   Viking has been actively developing local talent and hiring locally has been key in its community engagement strategy.  If it is successful in its expansion plans, it is expected to need additional employees in its markets of operations. Creating and preserving jobs in the sector that currently lacks qualified providers will have positive benefits for these markets in helping create local expertise through employment and training.
Circle Oil Project Circle Oil plc (Circle Oil), established in 2003, is an oil and gas exploration and production company incorporated in Limerick, Ireland, focused on the MENA region. The proposed investment by IFC will fund Circle Oils production, development and exploration program in Egypt, Tunisia and Morocco and support its production growth plan. Contribution to Government Revenues: The Project is expected to result in higher and longer production in Egypt and Morocco, positively impacting the revenues that the host governments will receive including through production sharing, royalties, corporate taxes. 	 Providing Cleaner Source of Energy to the Moroccan Industry: Circle Oil is the largest gas producer in Morocco and sells the produced gas to industrial consumers in Kenitra. Those consumers'' only other energy alternatives are imported coal or fuel oil /diesel. Natural gas produced by Circle Oil provides cheaper and cleaner energy.   Local Industry: The project is expected to contribute to local spending in Morocco and Egypt as part of the field services and operational supplies will be procured domestically. Particularly in Morocco, Circle Oil will contribute to the growth of a small, nascent, oil field services industry which is vital for further exploration and development of the country''s oil and gas resources.  Creation/preservation of employment: Even though the project''s impact on employment is expected to be limited, the jobs created by Circle Oil are mainly high skilled and therefore contribute to local skill development and foster technology transfer.
Rally Energy Rally Energy Corp. (Rally) is a Calgary-based oil and gas company, with interests in Egypt, Pakistan and Canada.  Its operations are primarily focused in Egypt in the Issaran oilfield located in the eastern desert along the western shore of the Gulf of Suez. The company, via its subsidiaries, also has a 22.5% non-operated interest in the Safed Koh concession area in Punjab province, central Pakistan. The Project involves Rallys ongoing exploration, development and production activities in Egypt and Pakistan, including (i) its heavy oil development and production program in the Issaran oilfield in Egypt (100% operating interest) and (ii) development of the Salsabil gas/condensate field and additional exploration within the Safed Koh block in Pakistan (22.5% non operating interest) (the Project). Project investments, via Rallys subsidiaries, will help develop resources in these concessions, apply established technology that can help enhance recovery of in-place oil reserves in Issaran, and explore for additional natural gas reserves in Pakistan.
Swicorp Intaj Capital L.P. Swicorp Intaj Capital II (Intaj II or the fund) is a $400 million follow-on fund targeting equity and equity related investments in sectors driven by consumer demand such as consumer goods, retail, media & communications and consumer financial services. The Fund will invest in 12-15 companies and will focus on mid to large cap companies. In terms of geographic coverage, the fund will cover the MENA region including Turkey. The Fund will consist of two English limited partnerships, the Pan-MENA Partnership and the Non-GCC Partnership, together with a corporate feeder vehicle established in Bahrain (Intaj II GCC). The Non-GCC Partnership will allow investors who are not willing or cannot cover GGC countries to invest in a MENA excluding GCC dedicated fund compartment. The investment will have a strong developmental impact as it will help mobilize needed long term and stable capital for the Fund, which will in turn support the expansion and operations of mid to large cap companies thus promoting south-south investments, employment, growth and best practice standards for corporate governance and E&S in the region.
Humania Project The project is to incorporate a holding company, Humania, that will focus on developing a network of high-quality multispecialty hospitals and healthcare assets in emerging markets, mainly North Africa and Pakistan (the Project or HoldCo). Humania will be established by Bait Al Batterjee Medical Co (BAB Group), an existing IFC client, and will initially focus on four projects (total of 641 beds): acquisition of one operating hospital from BAB Group in Egypt; two greenfield projects in Egypt; and one greenfield project in Morocco.  BAB Group will provide a turnkey development solution and operational support to Humania and all assets will be operated under the Saudi German Hospital banner. The project-level impact will come through: delivering high-quality care to patients; creating new career opportunities for medical professionals; and increasing the depth and quality of local medical professionals through improved training and experience. Humania's contribution to market creation will largely be centred around: 1) increasing competitiveness through being one of the first scalable, private players; 2) demonstrating a new staffing model that increases quality and lowers costs; 3) increasing resilience and sustainability of the health system through developing local medical professionals; and 4) increasing coordination within the healthcare system through SGH specialty clinics (Cairo).
Alcazar Energy Partners II SCSP The proposed project involves up to US$40 million of equity in Alcazar Energy Partners II ('AEP II'),  a closed end infrastructure fund with a target size of US$500m. AEP II will invest in a diversified portfolio of renewable energy ('RE') projects across selected emerging markets with a primary focus on onshore wind, solar PV and storage in MENA, Eastern Europe and Central Asia. The main project-level effect is on stakeholders through the increased affordability of renewable energy capacity in the target markets as well as the associated environmental effects through decarbonizing power generation and displacing aging baseload. Beyond the project, the investment is expected to help enhance the power sector resilience through diversifying the energy mix in the target markets.
Orix SME MENA Program The proposed project consists of term financing to be provided by IFC to five ORIX Group Non Bank Financial Institutions (NBFIs) operating in the Middle East and North Africa (MENA) region all of whom are either current or previous IFC portfolio clients and have been established with the assistance of  IFC. These companies are ORIX Leasing Pakistan Limited (OLP), ORIX Investment Bank Pakistan Limited (OIBPL), Oman ORIX Leasing Company (OOLC), ORIX Leasing Egypt (OLE) and Saudi ORIX Leasing Company (SOLC). The proceeds of the financing will be on-lent by the borrowers predominantly to small and medium-sized enterprises (SMEs) in their respective markets in the form of leases or medium term loans.  The proposed aggregate amount of the program is expected to be  US$50 million, with a tenor of up to 8 years, including a grace period of up to 2 years.
Commercial Intelligence The proposed Project consists of establishing the first Distressed Asset Recovery Program (DARP) facility and servicing platform in MENA, to support the acquisition, financing, guaranty & resolution of corporate and small, medium enterprises (SME) Non Performing loans (NPLs). The platform will help (i) build capacity to successfully operate in this business, (ii) ensure the use of appropriate NPL resolution practices and the alignment of interest amongst partners, and (iii) contribute to the financial stability of the region, which has been substantially impacted by the recent regional political crises.  IFC will co-invest with the Commercial Intelligence Funds Group (CIFG or the proposed DARP partner), having substantial experience in investing and servicing NPLs in emerging markets), in a CIFG managed Master SPV. IFC will also invest in the MENA NPL Servicer, which shall facilitate the servicing of the acquired NPLs across MENA countries focusing on Pakistan, Egypt, and Lebanon. The expected developmental impact from this project are high. Specifically, the project is expected to encourage: 1.	NPL sellers, buyers, and servicers to enter the MENA market, thereby helping develop the market. 2.	The adoption of insolvency standards, creditors'' rights and collection practices for the efficient resolution of NPLs. 3.	the development of a new mechanism to execute NPL transactions at their market value, thereby encouraging other market participants to replicate the Project.
MedGulf Project MedGulf is one of the leading insurance providers and one of the largest privately owned insurance companies in the MENA region.  MedGulfs main strategy is focused on further expanding its presence into the less served countries in MENA and Turkey where demand for insurance products is largely unmet.  It offers non-life and life insurance services and third party administration of medical insurance claims. 1. Spread awareness about insurance value as a risk insulation to the formation of more businesses and jobs and to the increase of social stability in the MENA countries.
 
2. Formalize best insurance risk management practices for participants in the MENA insurance market to stimulate more investment opportunities, economic efficiency, stability, and poverty reduction. 

3. Develop an economic multiplier effect through channeling insurance premiums into regional economies' investments and capital markets products to support the private sector development in the MENA region.
Yellow Door 0  0  0  0  0  0  0  0  0.0000       Yellow Door Energy (YDE or the Company) is involved in the provision of rooftop and ground-mounted distributed solar power and energy efficiency solutions to commercial and industrial (C&I) consumers in Jordan and UAE. The Company has established a leading market presence in UAE and Jordan, where it has successfully developed, rooftop solar, ground-mounted solar and energy efficiency (ESCO) projects for C&I customers.  The Company has a portfolio of projects under development with major clients in UAE and Jordan, and is actively exploring opportunities to invest in similar projects in growth markets in the Middle East, Africa and South Asia regions. The Company is seeking equity funding from IFC and a group of other investors to implement these projects and execute its pipeline. - Stakeholders impacts - The project will enhance affordability and serve towards ensuring cost efficiency for off-takers by introducing distributed generation systems. 
- Environmental impact - The project will contribute to reduction of GHG emissions
- Enhancing Resilience - The project will contribute to increased resilience in the power market, especially in Jordan and growth market areas, where power generation is heavily dependent on fossil fuel. 
- Enhancing competitiveness: The Project will help demonstrate the viability of distributed renewable energy generation as a disruptive technology in growth markets
Gaia Equity The proposed project is an IFC common equity investment of up to US$25 million, for a minority stake in Gaia Energy Partners Limited (Gaia or the Company), an independent renewable energy investment company incorporated in 2014 to develop, finance, acquire, build and operate renewable energy projects in the Middle East, Turkey and Africa region (the Project).  Gaia is run by a skilled management team with extensive experience in developing and operating thermal and renewable power plants in the Middle East, Asia and Africa.    Gaia is currently pursuing a pipeline of projects comprising onshore wind and solar PV projects; acquisition of its first small scale solar PV project in the Middle East is near completion.  In addition to its primary focus on onshore wind and PV solar projects, future investments in hydropower, concentrated solar power, geothermal and biomass are a possibility. -The Project will increase power generation to meet growing power needs in the Middle East, Turkey and Africa.   -The Project will deliver climate change benefits and promote increased private sector participation in the Renewable Energy sector.   -The Project will help generate direct and indirect employment through projects developed by Gaia.
MENA- STF Project The proposed project involves an unfunded risk participation where IFC will provide an unfunded guarantee of up to $100 million for up to 3 years to Wells Fargo Bank on a trade finance portfolio of up to $200 million that issuing banks in emerging markets (EMIBs) originate in Egypt, Tunisia, Algeria, Morocco and Turkey (Targeted Countries).  IFC will seek to obtain a counter-guarantee for up to 50% of IFCs exposure from other development/international finance institutions (Program Partners).  The proposed project is a direct fit with the IFCs strategic focus to increase the access to finance for local EMIBs in Targeted Countries by risk-sharing in a portfolio of emerging market trade assets with a partner bank active in the MENA region.  The proposed investment is a timely response to the political instability in the MENA region at a time when EMIBs and international banks are seeking IFC support to maintain or increase their trade volume in the region. The development impact is expected to be:   (1)	Give emerging market issuing banks continued access to trade credit in MENA region and other IDA countries, which were hit hard during the financial crisis and the recent political instability; and   (2)	Maintain the access to credit for the underlying exporters and importers.
SPE AIF I, LP IFC proposes an equity investment of up to US$20 million into SPE AIF I L.P (the Fund), alongside a US$20 million co-investment envelope. The Fund is targeting US$200 million of commitments to pursue growth capital investments in small to mid-cap companies in North Africa. Project-level outcomes are: (i) improved access to capital, for mid-cap companies in North Africa (primarily Morocco, Tunisia, and Egypt); (ii) increased investee growth through the Fund's value creation strategies. The main market-creation outcomes are: increased competitiveness and integration in the North Africa private equity market.