IFC Explained: Digital Bond
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IFC Explained: Digital Bond
A digitally native note (DNN) is a bond or note, that is issued and settled entirely on a digital platform using distributed ledger technology (DLT). This allows for secure, decentralized record-keeping and facilitates the issuing, trading, and settlement of digital securities similarly to conventional bonds. #DigitalBond
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On September 23, 2025, the International Finance Corporation (IFC) signed a US$24 million loan agreement with MACCEM Industries Limited to fund a new cement grinding plant in Freetown, Sierra Leone. The facility, with an annual capacity of 657,000 tons, will meet 65% of the country’s cement demand, reduce reliance on imports, stabilize prices, and create over 4,000 jobs. The financing includes US$12 million from IFC and US$12 million from the IDA20 IFC-MIGA Blended Finance Facility, incorporatin
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