Absa Bank & IFC train over 600 suppliers on corporate procurement

Grace MathekaOctober 25, 2024

Absa Bank Kenya has partnered with the International Finance Corporation (IFC) to provide training for over 600 suppliers in the past two years. The training ha...

2 min read

Equity recognized by IFC at the CAFI Awards for Climate Reporting

Staff WriterDecember 19, 2023

Equity Bank Kenya has been recognized as the top global performer by the International Finance Corporation (IFC) at the 2023 Climate Assessment for Financial In...

0 min read

Equity Bank scoops three awards at the Global SME Finance Awards 2023

Staff WriterOctober 18, 2023

Equity Bank won three awards at the Global SME Finance Awards 2023. The awards were organized by the International Finance Corporation (IFC) and the SME Finance...

2 min read

IFC to invest in Safaricom Ethiopia

Staff WriterAugust 8, 2023

Safaricom Ethiopia is on course to receive a substantial investment from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agenc...

1 min read

ALP & IFC commit to promote adoption of green building standards in Kenya

Samson NderiMarch 14, 2023

Africa Logistics Properties (ALP) and the International Finance Corporation (IFC) have partnered partnering to accelerate the adoption of green building practic...

2 min read

Equity Group emerges as the Best Financier for Women Entrepreneurs at the Global SME Finance Awards 2022 

Staff WriterOctober 12, 2022

Equity Group has been named as the platinum winner for the Best Financier for Women Entrepreneurs by the International Finance Corporation (IFC) and the Global ...

4 min read

IFC launches podcast as it seeks to promote the role of women in Africa’s renewable energy sector

Staff WriterSeptember 14, 2022

IFC has launched a new podcast series dubbed She Powers Africa   in a bid to promote the role of women in the sector as senior executive, engineers and thought ...

14 min read

IFC partners with NMG and KPMG for the 2022 Top 100 Awards

Staff WriterMay 25, 2022

The International Finance Corporation (IFC) has partnered with Nation Media Group’s (NMG’s) Business Daily and KPMG for the upcoming Top 100 SME Awards, slated ...

2 min read

Absa Bank Kenya recognized by the IFC for its energy and water efficiency investments

Staff WriterMay 20, 2022

Absa Bank Kenya has received the International Finance Corporation's (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification. This is du...

2 min read

Equity Group has acquired a Ksh. 19.1 Billion credit facility from IFC in a bid to support SMEs

Staff WriterMay 10, 2022

Equity Group and the International Finance Corporation (IFC) have signed a partnership agreement in support of the sustainable development of Africa. This will ...

4 min read

Antler East Africa, a venture capital fund secures Ksh. 228 Million from IFC & We-Fi

Samson NderiMarch 11, 2022

In a bid to support the growth of East Africa’s technology startups, the International Finance Corporation (IFC) has announced an investment in the Antler East ...

2 min read

IFC partners with 3B Group of Hotels in a bid to support Rwanda’s tourism sector

Grace MathekaFebruary 25, 2022

IFC has announced a partnership with 3B Group of Hotels to support the company's expansion and the upgrading of its existing lodges in the country. The move is ...

1 min read

Sérgio Pimenta, IFC Regional Vice President for Africa to visit Djibouti

Grace MathekaFebruary 25, 2022

Sérgio Pimenta, IFC’s Regional Vice President for Africa, will make his first official visit to Djibouti from February 28th to March 2nd. The visit is aimed at ...

1 min read

IFC’s Makhtar Diop concludes 4-day visit to Kenya & Tanzania

Grace MathekaFebruary 9, 2022

IFC Managing Director Makhtar Diop has concluded his four-day visit to Kenya and Tanzania. During his visit, Diop confirmed to senior public and private sector ...

1 min read

IFC Managing Director Makhtar Diopp is set to visit Kenya as from 31st January

Grace MathekaJanuary 31, 2022

Makhtar Diop, the Managing Director of the International Finance Corporation (IFC), is set to visit Kenya as from January 31st to February 4th. Diop's visit is ...

1 min read

IFC extends Ksh. 1.7 Billion financing to GTBank to support SMEs in Kenya

Grace MathekaJanuary 24, 2022

The International Finance Corporation (IFC) has extended a Ksh. 1.7 billion (USD 15 million) loan to Guaranty Trust Bank (GTBank) Kenya to help Kenyan businesse...

1 min read

Equity Bank secures Ksh. 18.6 billion from IFC to increase SME lending in Kenya

Grace MathekaJanuary 4, 2022

Equity Group has acquired a Ksh. 165 billion (USD 165 million) loan from the International Finance Corporation (IFC) to help it increase working capital and tra...

1 min read

Twiga Foods has raised Ksh. 5.5 Billion in a series C fundraising round for expansion in East & West Africa

Grace MathekaNovember 2, 2021

Twiga Foods, a Kenyan agricultural tech start-up, has raised Ksh. 5.56 billion (USD 50 milion) from international investors for its planned East and West Africa...

1 min read

4G Capital named SME Financier of the Year at the 2021 Global SME Finance Forum Awards

Grace MathekaOctober 26, 2021

4G Capital Group, a tech-driven financial inclusion company for MSMEs in Kenya and Uganda has received a Silver award as SME Financier of the Year - Africa at t...

1 min read

IFC launches competition for local businesses in Kakuma & Kalobeyei

Grace MathekaSeptember 14, 2021

The International Finance Corporation (IFC) in partnership with the Africa Enterprise Challenge Fund (AECF) have launched a competition for local businesses in ...

2 min read

Microsoft 4Afrika partners with IFC to promote digital transformation in Africa’s Agri-food sector

Grace MathekaAugust 13, 2021

Microsoft through its 4Africa initiative has partnered with the International Finance Corporation (IFC) to make digital and training resources more accessible t...

2 min read

Access Bank has launched the Womenpreneur Pitch-a-ton Season 3 program

Grace MathekaAugust 9, 2021

As part of its mandate to empower female entrepreneurs in Africa, Access Bank has unveiled the third edition of its Womenpreneur Pitch-a-ton Africa program. The...

1 min read

UAP Old Mutual Group appoints Vincent Rague as the board chair

Samson NderiJune 30, 2021

UAP Old Mutual Group has announced the appointment Mr. Vincent Rague as the chair of  its Board of Directors. This follows  the retirement of long-serving chair...

1 min read

CDSC appoints 4 new members to its Board of Directors

Grace MathekaApril 8, 2021

The Central Depository and Settlement Corporation (CDSC), has appointed new members on the Board of Directors with Mrs. Aida Kimemia-Nesbitt as the new Board Ch...

2 min read

IFC report unveils that women-led MSMEs have been hardest hit by COVID-19 pandemic

Grace MathekaMarch 30, 2021

IFC, a member of the World Bank Group, has released a new report titled COVID-19 and Women-Led MSMEs in Sub-Saharan Africa: Examining the Impact, Responses, and...

1 min read

KCB receives Ksh. 16.4B from IFC & others to support green energy projects in Kenya

Grace MathekaMarch 19, 2021

KCB has received a Ksh. 16.4 billion ($150 million) loan from IFC, the SANAD Fund, the Belgian Investment Company for Developing countries and Symbiotics. The l...

1 min read

IFC appoints Amena Arif as new head for East Africa & Malawi

Grace MathekaMarch 15, 2021

The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Amena Arif as its new Country Manager for East Africa and Malawi. ...

1 min read

EAIF set to acquire Ksh. 5.4 billion Liquid Telcom bond issue

Grace MathekaFebruary 25, 2021

The Emerging Africa Infrastructure Fund (EAIF), a PIDG company, will acquire up to Ksh. 5.4 billion (USD 50 million) of a bond issue by Liquid Telecommunication...

1 min read

Equity Bank to receive a Ksh. 5.4 Billion loan from IFC to support SME’s during the Covid-19 pandemic

Samson NderiJuly 23, 2020

The International Finance Corporation (IFC) has announced a a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lendin...

1 min read

Twiga Foods raises Ksh. 3 Billion in Series B Round to fund Africa expansion

Staff WriterOctober 28, 2019

Twiga Foods the food distribution company has raised $ 23.75 Million in a a Series B equity round led by Goldman Sachs, with participation from existing investo...

1 min read

Equity Bank recruits John Wilson from the World Bank to take over Group COO role

Staff WriterSeptember 2, 2019

Equity has announced the recruitment of John Wilson the head of financial institutions in East and Southern Africa at the IFC as the Group’s Chief Operating Off...

2 min read

IFC partners with Twiga Foods in bid to boost food safety in Kenya

Staff WriterJune 11, 2019

The International Finance Corporation (IFC) which is a member of the World Bank Group has entered into an agreement with Twiga Foods a Kenyan-based technology f...

2 min read

Equity Bank recognized by the IFC for its role in enabling financial inclusion of refugees

Staff WriterMay 31, 2019

Equity Bank has been recognized for its role in enabling financial inclusion of refugees by the International Finance Corporation (IFC) and Bridgespan in a repo...

1 min read

Google launches Women Will initiative to equip women with digital skills

Staff WriterMarch 11, 2019

As part of the International Women’s Day celebrations, Google last week announced that it will be launching the Women Will initiative in Kenya. The program is d...

1 min read

KTDA partners with IFC to boost incomes of Kenyan tea farmers  

Medrine NyamburaApril 20, 2016

International Finance Corporation (IFC) a member of the World Bank Group and Kenya Tea Development Agency (KTDA) through its Management Services Limited (KTDA-M...

2 min read