New Investments

African Startups to Get Share of Leapfrog's $50 Million New Fund

The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of $50 million in a new fund by LeapFrog Investments.

Leapfrog Investments is a global private equity firm focused on impact investing in emerging markets.

The fund will invest in fast-growing health and financial services businesses in Africa, South Asia, and Southeast Asia.

The investment is part of IFC’s commitment to supporting private sector growth and job creation in emerging markets.

It is also aligned with IFC’s focus on investing in businesses that positively impact society and the environment.

LeapFrog Investments is a pioneer in impact investing in emerging markets.

The firm has a long track record of investing in healthcare and financial services businesses that are expanding access to essential services for underserved populations.

The new fund will invest in companies that are using technology to improve the delivery of healthcare and financial services.

The fund will also target companies expanding access to these services in rural and underserved areas.

The investment is expected to help LeapFrog Investments invest in up to 15 companies across Africa, South Asia, and Southeast Asia.

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