IFC launches 225-mln-USD platform to boost startups in Africa, Asia
NAIROBI, Nov. 15 (Xinhua) -- The World Bank's private sector lending arm, the International Finance Corporation (IFC), has launched a 225-million-U.S.-dollar platform that seeks to strengthen venture capital ecosystems in Africa, the Middle East, Central Asia and Pakistan.
IFC said the platform will provide funds that will be invested in early-stage companies that address development challenges through technolog