WIOCC Group Secures Additional $65 Million Debt Raise Led by IFC, Proparco, others
WIOCC Group, an open-access digital infrastructure provider in Africa, has successfully raised an additional USD $65 million in debt financing. ...
Tag: IFC
UKNIAF in Nigeria: Assessing Infrastructure Advisory Achievements, Future Challenges
The United Kingdom-Nigeria Infrastructure Advisory Facility (UKNIAF), launched in 2019, is the third programme in a longer 16-year legacy of ...
Moniepoint Closes $200m Series C Funding Round Backed by DPI, Google, Visa, IFC and LeapFrog
Moniepoint Inc., Africa’s all-in-one financial platform for businesses and their customers, has announced it recently raised over US$200 million in ...
65% of Nigeria’s Informal Businesses Saw Higher Revenues in 2025, But Only 47% Made More Profit
65% of Nigeria’s informal businesses earned more in 2025, but only 47% made profit, as inflation and high costs choke ...
WIOCC Group Secures over $50m from IFC, Proparco and RMB to Expand Digital Infrastructure in Africa
A financing package from IFC and Proparco for digital infrastructure provider WIOCC Group will fund WIOCC’s expansion strategy in three ...
Africa Needs to Invest $6bn Yearly in Digital Infrastructure
The International Financial Corporation has said Africa will need to double its spending to $6 billion annually if it hopes ...
Africa Faces a Decisive Moment to Shape a New Future – Forum
2,000 African and international CEOs, investors and public sector leaders will gather in Kigali on 16 and 17 May “At ...
IFC Names 100 Women Startups to Receive Growth Support via She Wins Africa
IFC has announced the names of 100 women-led startup owners selected to participate in the She Wins Africa program, an ...
NITDA, IFC to Co-Create Policies for Sustainable Digital Economy
The National Information Technology Development Agency (NITDA) is making moves to collaborate with the International Financial Corporation (IFC) to co-creating ...
Convergence Partners, Others Invest $25m in Csquared
Key takeaways Successful equity raise from new and existing shareholders enhances CSquared’s ambition to create a Digitally Connected Africa via ...
Nigeria’s Agric Insurance Market Has Potentials to Generate $600m Premium – Africa Re
Nigeria’s agriculture insurance industry can produce a premium of over $US600million due to the country's approximately 70 million hectares of ...
BUA Cement Secures $500m Investment to Enhance Cement Production
BUA Cement, under the leadership of Nigerian billionaire Abdulsamad Rabiu, has successfully obtained a financing package of $500 million from ...
1 in 3 Nigerian Women Report Positive Career Outcomes from Online Learning – IFC
· Nigerian Women Report Positive Career Outcomes From Online Learning - IFC Increasing women's access to online learning has the ...
Union Bank Secures $30M IFC Loan to Finance Trade and SMEs
The International Finance Corporation (IFC) has announced a collaboration with Union Bank of Nigeria Plc to assist the bank in ...
FSDH Merchant Bank gets $35m Financing from IFC to Support Enterprises in Nigeria
In collaboration with FSDH, Nigeria's top merchant banking group, the International Finance Corporation (IFC) has authorized a credit facility worth ...
