International Finance Corporation

International Finance Corporation (IFC) is a global development institution focused on the private sector in emerging markets. It is a member of the World Bank Group and works with private companies and financial institutions to expand access to finance, support sustainable growth, and help create jobs across developing countries. IFC is headquartered in Washington, D.C., and operates in more than 100 countries. In Africa, IFC is an active investor in technology enabled and financial services businesses. Based on disclosed transactions, IFC has participated in at least 25 funding rounds between 2014 and 2026, committing approximately $961.3 million across seed, Series A, Series B, Series C, venture, and other structured rounds. Its portfolio in Africa spans fintech, insurtech, e commerce and retail, HR and talent platforms, communication and social infrastructure, real estate and property, services and marketplaces, agri tech, and edtech. IFC has backed companies in Nigeria, South Africa, Kenya, Egypt, Morocco, Côte d’Ivoire, and Sierra Leone, reflecting a broad geographic focus on key African markets. IFC’s African investments include digital financial services providers, SME lending platforms, insurtech innovators, and marketplaces that connect African products and talent to global demand. It often invests alongside leading development finance institutions and global investors, including other impact oriented funds and corporate partners, to mobilize additional private capital into African ventures. Its activity in the continent aligns with IFC’s broader mandate to support private sector development, strengthen markets, and contribute to poverty reduction in developing regions.