The International Finance Corporation (IFC), a member of the World Bank Group, is considering a $20 million investment in local currency debt in WorldLink Communications Ltd (WCL), Nepal’s largest internet service provider (ISP). This investment is aimed at supporting the growth of Nepal’s digital infrastructure and expanding internet access across the country.
The potential investment would help strengthen Nepal’s connectivity by fostering the development of its internet infrastructure, contributing to economic growth and enhancing digital inclusion. IFC’s move highlights its continued commitment to promoting digital development in emerging markets.
