International Finance Corporation (IFC)
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News
Why the World Bank is putting $25 million behind Jumia’s next chapter across Africa
The World Bank Group is backing the expansion of digital commerce across Africa through a $25 million equity investment in…
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News
Jumia says profitability is within reach after securing $50 million from IFC and Axian
Jumia’s $50 million funding from the International Finance Corporation (IFC), Axian Telecom and other investors arrives at a moment that…
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News
IFC Places $25M Bet on Lightrock’s Africa Fund in Nairobi
The decision by the International Finance Corporation to anchor a $200 million investment fund managed from Nairobi reads like a…
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News
As Big Money Hesitates, the IFC Steps Back Into the Messy Middle of African Capital
When the International Finance Corporation commits equity capital, it usually does so with an unusually long memory. The institution tends…
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Startups
Seedstars announces $30 million fund to invest in 100 startups in emerging markets
Seedstars has announced plans to invest in 100 more startups through its second emerging market seed-stage fund, called Seedstars International…
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