Tag: IFC

Dorado Cashew
BusinessHot News

IFC to support $18 million cashew processing expansion in Côte d’Ivoire

IFC backs $18 million Dorado investment to expand cashew processing in Côte d’Ivoire, boosting local value addition and supply chain efficiency.

Feyisayo Ajayi Feyisayo Ajayi
WeLight's agent and customer
TechnologyBusinessHot News

Africa’s biggest solar mini-grid operator WeLight lands $31 million IFC-backed deal

IFC acquires a stake in WeLight, providing $31 million to accelerate solar mini-grid expansion across Nigeria and the DRC.

Omokolade Ajayi Omokolade Ajayi
IFC building
BusinessHot News

IFC, Standard Chartered launch $300 million Africa trade finance facility

IFC and Standard Chartered launch Africa trade finance facility to unlock $300 million in supply chain financing across key African markets.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's Biovac
BusinessHot News

South Africa’s Biovac lands $89 million to expand Africa vaccine production capacity

Biovac lands $89 million to scale vaccine manufacturing in Africa, targeting cholera, polio, and boosting regional health security.

Timilehin Adejumobi Timilehin Adejumobi
Egypt airport
BusinessTourism

Egypt plans first airport management bids to boost aviation sector

Egypt will open airport management bids in late 2025, starting with Hurghada, aiming to boost tourism and FDI under its Vision 2030 reforms.

Timilehin Adejumobi Timilehin Adejumobi