Original disclosure @ IFC website
Updated in EWS Jan 5, 2023
Disclosed by Bank Jan 3, 2022
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According to the Bank’s website, the project consists of an investment of up to US$3 million in Microtraction Fund II through the Startup Catalyst Program. Microtraction Fund II is a $15 million seed stage fund focused on pre-seed and seed stage investments in tech and tech-enabled businesses in Sub Saharan Africa.
The Fund will be supported by the Blended Finance Facility (BFF) of the IDA18 IFC-MIGA Private Sector Window (IDA PSW), created by the Word Bank Group to catalyze private sector investment in IDA countries, with a focus on fragile and conflict-affected states.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||MI Holdings Limited||Client||-|
MI Holdings Limited
Lakepoint Tower B, 9th Floor 403 Close, Banana Island, Lagos. Nigeria
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