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Overview

IFC's Portfolio in Africa

IFC has made over 4 notable investments in African startups. Their most recent investment was in CASHPLUS, announced on October 18th, 2023.
IFC's Latest news
IFC investments in Kenyan companies reach $460mln - ZAWYA

One Acre Fund secures Sh118m from IFC for climate insurance - Business Daily

JAVER Drives Sustainable Housing Development and Obtains IFC EDGE Certification - Business Wire

IFC invests new Sh55 billion in Kenyan firms - Business Daily

IFC's Investment activity in Africa

With over $134M invested in African startups, their latest investment was a Private Equity round in CASHPLUS, announced on October 18th, 2023, closing at $62M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
MaxAB
EgyptJul 05, 2021$ 40,000,000
Funding Round
Adumo
South AfricaMar 09, 2021$ 15,000,000
Series B
Naked Insurance
South AfricaFeb 15, 2023$ 17,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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IFC's Investment Distribution in Africa.

IFC's currently has Startuup investments spread across the following location(s)

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