Day: May 6, 2026
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IFC, Standard Chartered Roll Out $300m Facility to Ease Financing Pressure on African Supply Chains
The International Finance Corporation (IFC), part of the World Bank Group, has teamed up with Standard Chartered to introduce a $300 million risk-sharing facility aimed at improving access to supply chain finance across Africa.
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Sabou Capital Secures Backing From Mastercard Foundation Fund to Finance African SMEs
Sabou Capital, a Nigerian impact investment firm focused on technology-driven small and medium-sized businesses, has received an undisclosed anchor investment from the Mastercard Foundation Africa Growth Fund.
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IFC Plans $120 Million Investment in Zafiri Renewable Energy Platform Targeting 30 Million Africans
The International Finance Corporation (IFC) is planning to invest up to $120 million in a new renewable energy-focused investment platform, Zafiri Investment Vehicle, which will be headquartered in Mauritius and aimed at expanding energy access across Sub-Saharan Africa.