GIF retained a strong pipeline of project activities throughout the first two quarters of FY22, with 37 activities in the immediate queue and US$27 million in funding requests. GIF's pipeline has 30% activites in ECA, 24% in LAC, 22% in EAP, 15% in MNA, 8% in AFR, and 5% in SAR.
Between July and December 2021, GIF has achieved one commercial close (one of the projects in the Brazil Federal Roads Program), two advisory mandates (Government of Ukraine), and three project tenders have received bids (Brazil, Egypt, and Uzbekistan). These transactions were implemented by GIF's Technical Partners, the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the World Bank.
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