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International Finance Corporation

A collection of 2 posts

IFC Invests $77M in Risk-sharing Facility for the BOA to Boost SMEs Financing in Africa

Bank of Africa Group

IFC Invests $77M in Risk-sharing Facility for the BOA to Boost SMEs Financing in Africa

The International Finance Corporation (IFC) has announced its investment in a risk-sharing facility for the Bank of Africa Group (BOA). This is aimed at easing access to finance for small and medium enterprises (SMEs) across 10 countries in sub-Saharan Africa. The move is expected to bolster economic activities and job

Brimore raises $25 million in IFC led series A round to expand across Africa

Brimore raises $25 million in IFC led series A round to expand across Africa

Brimore, a Cairo-based social commerce platform connecting suppliers to community sellers, has closed a Series A round led by the World Bank’s International Finance Corporation (IFC) and early-stage investment venture capital firm, Endure Capital, with participation from Fawry, Flourish, Endeavor Catalyst Fund and the startup’s existing investors including