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IFC

IFC to invest $26 million in Africa-focused venture fund

IFC to invest $26 million in Africa-focused venture fund

The arm of the World Bank, International Finance Corporation (IFC) has disclosed its intention to invest $26 million in  Partech's Africa Fund II (PAF) to support startups in Africa. * The capital will be invested in seed to Series D rounds of African startups and follow-on rounds of top portfolio firms.
By Oluwajuwonlo Afolabi Jun 20, 2022

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