IFC

Egypt’s AAIB raises $500 million to support climate finance and boost MSMEs

Arab African International Bank (AAIB) issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Inve...

P1 Ventures successfully closes $35 million for its second fund

P1 Ventures successfully completed the second close of $35 million for Fund II. The fund welcomes the World Bank’s International Finance Corporation (IFC) as its first public institutional investor. I...

Bold raises $50 million in Series C funding round led by General Atlantic and IFC

Bold, a financial technology company enabling access to electronic payments in Colombia, has raised $50 million in Series C funding led by existing investor General Atlantic, a leading global investor...

24 startups join Flat6Labs’ StartMashreq Growth Track Program

Flat6Labs announced the selection of  24 startups for its StartMashreq Growth Track program from Jordan, Lebanon & Iraq. All these startups operate in diverse sectors such as fintech, healthtech, ...

Flat6Labs launches StartMashreq entrepreneurship program for Levant region

Flat6Labs has announced the launch of its StartMashreq entrepreneurship program. The regional program is being implemented over a two-year period in partnership with the International Finance Corporat...

AfricaTech Awards announced to recognize cutting-edge tech entrepreneurs

IFC and Viva Technology announced the second edition of the AfricaTech Awards, an initiative to spotlight Africa-focused companies with innovative solutions addressing key development challenges linke...

IFC invests in Algebra Ventures to support Egyptian startups

To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC, part of the World Bank group announced an investment in the second fund from venture capi...

Palestine-based Ibtikar Fund II closes first round at $15 million

Ibtikar Fund announced the first closing of its second fund, Ibtikar Fund II CV, which will build on the momentum and success of its first fund. The first closing was at USD 15 million out of a target...

10×1000 launches “Flex” Fintech program

Fintech training platform, 10×1000 Tech for Inclusion announced that it will deepen its collaborations with partners worldwide, working with leading global organizations, tech investors, and indu...