IFC
World bank’s IFC seeks $50M investment in Malaysia-headquartered Navis Asia Fund IX
The International Finance Corporation (IFC), under the World Bank, seeks to make an equity commitment of $50 million to Navis Asia Fund IX, L.P., a private equity fund managed by Malaysia-headquartered Navis Capital Partners.
Maybank, DBS, IFC back $6B Johor-Singapore renewable energy financing framework
DBS Bank Ltd., the International Finance Corporation (IFC), a member of World Bank Group and Malayan Banking Berhad (Maybank), will back the $6 billion Johor-Singapore renewable energy financing framework.
Malaysia’s GXBank, World Bank’s IFC to unlock $110M MSME financing in risk-sharing deal
Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).
World Bank launches initiative to help local financial institutions expand digital payments in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions in emerging markets expand access to digital payments for consumers and small businesses.
IFC to finance AirTrunk Malaysia’s 420MW data center expansion with $175M package
The International Finance Corporation (IFC), under the World Bank, will finance up to $175 million for AirTrunk Malaysia Sdn. Bhd., supporting the development of two hyperscale data centers totaling 420 MW in Johor Bahru, Malaysia.
IFC commits $10M Highland Central Asia Fund II to boost private equity and SME financing in Central Asia
The International Finance Corporation (IFC) is investing up to $10 million in Highland Central Asia Fund II to increase small and medium-sized enterprise (SME) funding in Uzbekistan and the Kyrgyz Republic.
IFC backs Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia with $125M
The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding.
Fasanara and IFC launch new strategy to expand access to finance for MSMEs in emerging markets
Global fintech firm Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, have announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.
IFC commits $25M to Seraya Partners Fund II to support sustainable infrastructure development in Southeast Asia
The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed $25 million to Seraya Partners Fund I, a private equity infrastructure fund managed by Seraya Partners, to support sustainable infrastructure development in Southeast…
SMFG, IFC partner to launch $500M digital inclusion bond, supporting MSMEs in emerging markets
To promote digitalization and jobs in emerging markets, the International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Sumitomo Mitsui Financial Group (SMFG), a Japanese financial group, to launch the world’s first social bond exclusively dedicated to digital inclusion, including for micro, small, and medium enterprises…
