Moove Africa could receive an IFC investment of up to $30 million comprising of: (i) an A loan of up to $10 million for IFC’s own account to finance the company’s expansion in Nigeria; (ii) a Managed Co-Lending Portfolio Program loan of up to $10 million; and (iii) Syndicated B/Parallel loans of up to $10 million from one or more development financial institutions.
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IFC considers investment in Uber fleet…
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Moove Africa could receive an IFC investment of up to $30 million comprising of: (i) an A loan of up to $10 million for IFC’s own account to finance the company’s expansion in Nigeria; (ii) a Managed Co-Lending Portfolio Program loan of up to $10 million; and (iii) Syndicated B/Parallel loans of up to $10 million from one or more development financial institutions.