IFC
-
Funding
IFC Invests In AXIAN Telecom Bond To Support Digital Connectivity In Africa
Dakar, Senegal, February 9, 2022—To scale up access to quality mobile connectivity for millions of individuals and businesses across Africa…
Read More » -
Partnership
Liquid Intelligent joins forces with IFC to improve and expand its services around Africa
The International Finance Corporation (IFC) has teamed with Liquid Intelligent Technologies to expand data center capacity and the rollout of…
Read More » -
Other financial services
BCI Holding receives US$30mn from IFC to aid its expansion drive-in Africa
BCI Holding SA is set to receive a US$30mn financing package from IFC to further expand its production in Algeria,…
Read More » -
MaxAB raises $15m, acquires WaystoCap
MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers has raised $15mn from existing investors — RMBV,…
Read More » -
Other financial services
IFC and FMO joins forces with I&M Bank to promote SMEs in Kenya
To help smaller businesses across a range of sectors in Kenya access financing for working capital, expansion, and to weather…
Read More » -
Egyptian Ecommerce Startup, Maxab, Secures $40mn Series
Maxab, a Cairo-based B2B e-commerce platform, has disclosed that it secured $40mn in a Series A round led by RMBV,…
Read More » -
IFC, Rockefeller Foundation collaborates to Deploy US$150mn to Renewable Energy Solutions in Sub-Saharan Africa
The International Finance Corporation and The Rockefeller Foundation (RF) have announced a new partnership that aims to deploy US$150mn of…
Read More » -
Fintech group Adumo, lands $15mn in funding
South African- based fintech group Adumo has received $15-min in funding from IFC, a member of the World Bank Group, and the IFC…
Read More » -
Kenya’s KCB Bank Secures US$ 150m From IFC For SME Lending
KENYA – KCB Bank Kenya has received an approval for US$150 million from the International Finance Corporation (IFC) to increase lending…
Read More » -
Unlocking Africa’s Digital Future By Philippe Le Houérou
Before Africa can reach the uplands of digitization — the robotics and the AI — it must first do the hard slog…
Read More »