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IPO windfall: IFC set to reap 13x gains in Tata Capital listing; World Bank arm trims stake

The International Finance Corporation (IFC) is poised to book hefty returns from Tata Capital’s upcoming $2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to ...
Business Daily Africa on MSN

Zep-Re expands capacity with Sh6.4 billion IFC guarantee

The International Finance Corporation (IFC) is set to offer a guarantee facility of up to $50 million (Sh6.46 billion) to reinsurance firm Zep-Re to boost its underwriting capacity in the region.In ...