News and Press - Google Keyword ""International Finance Corp""
Amazon buys Middle East e-commerce site set for takeoff
The retailer secured $275 million in February 2016 from investors including Standard Chartered Private Equity, International Finance Corp. and Baillie Gifford. Souq.com's investors also include hedge-fund firm Tiger Global Management and South African ...
Amazon to buy Souq.com, outmaneuvering bid from Middle East billionaire
Amazon strikes deal to buy Dubai's Souq.com
Amazon Is Acquiring Souq after Beating Local Competition
Byju's raises $30 million from Verlinvest
In December, the company raised another $15 million from World Bank arm International Finance Corp. Byju's also raised an undisclosed amount in venture debt from InnoVen Capital. Besides, Lightspeed Venture Partners invested about $20 million in the ...
World Bank Lenders Accused of Deadly Profiteering
Courthouse News Service
The widows and other Facusse victims say International Finance Corp. and its subsidiary provided critical funding for the companies, despite its knowledge of the violence Dinant committed in the Bajo Aguan region. They say the companies knew such ...
Allan Gray says won't take hostile approach to Net1 UEPS
While Allan Gray holds about 16% of Net1, its biggest shareholder is the International Finance Corp. with 18%. The IFC has asked Net1 to hire consultants to assess its practices as a responsible lender, it said in an e-mailed response to questions.
IFC coy on Net1 allegations
The International Finance Corp (IFC), a member of the World Bank Group and Net1's largest shareholder, promises to engage with the management of the company to “promote responsible business practices and behaviour”, it said in response to questions ...
World Bank Says Days of Telling Africa What to Do Are Over
The days of debt crises and the World Bank telling African nations what to do are over, according to the lender's president. “One of the things we will never go back to is the bad old days where countries were in debt crises,” World Bank Group ...
Early-stage fund managers in Latin America and Asia get IFC support
The International Finance Corp., part of the World Bank Group, is the anchor investor in 500 Startups second Latin American fund, Luchadores II, which is looking to raise $10 million. The IFC also invested $2 million in SeedPlus, a seed-stage venture ...
'Days of telling Africa what to do over'
The financing will include an estimated $8 billion in private-sector investments from the International Finance Corp, the lender's private-sector arm. Delegates at last week's G20 meeting in Germany discussed the need to rethink development finance ...
Blackbuck raises $70 million from Sands Capital, others
US-based venture capital firm Sands Capital and World Bank arm International Finance Corp. (IFC) invested in Blackbuck for the first time, while existing investors Accel Partners, Flipkart Ltd and angel investor Sanjiv Rangrass also participated in the ...
India: Tiger Global-backed BlackBuck raises $70m led by Sands Capital
Net1's Biggest Shareholder Asked It to Assess Lending Practices
The International Finance Corp., the biggest shareholder in Net1 UEPS Technologies Inc., said it asked the company last year to hire consultants to assess its practices as a responsible lender after it became embroiled in court cases over deductions ...