Browsing Tag
IFC
7 posts
KCB Group Secures $150 Million Loan, Raises Stake in Rwandan Subsidiary
The International Finance Corporation (IFC) has granted KCB Group, a holding company for financial services, a loan of…
LMI Holdings Secures $30 Million From IFC for Industrial Development in Ghana
A cooperation between the construction firm LMI Holdings and the International Finance Corporation (IFC), a member of the…
TradeDepot Raises $110m to Support ‘Buy-Now-Pay-Later’ Service in Africa
TradeDepot, a leading B2B eCommerce platform in Africa, has raised $110 million in equity and debt funding to…
African Development Bank Launch Program to Support Women Farmers in Côte d’Ivoire
The IFC and the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) have announced a…
World Bank Loans $10m to Rwanda’s I&M Bank
The loan is Rwanda’s first one through the International Finance Corporation’s global $8 billion Covid-19 facility launched in March 2020 to help businesses maintain operations during and after the coronavirus pandemic.
Report Predicts Africa’s Internet economy could be worth $180 bn by 2025
A new report called e-Conomy Africa 2020, released in South Africa by Google and the International Finance Corporation…
KCB Lending Capacity Receives $150 Million Boost For SMEs, Climate Finance
Kenya lender KCB has received $150 million, from the International Finance Corporation (IFC). With the funds, the Kenyan…