IFC investment · Fintech
IFC invests in Kifiya to expand agricultural finance
The investment will extend data and lending infrastructure for underserved farmers and businesses.
Kifiya announced an investment agreement with the International Finance Corporation at the Africa Financial Summit in Luanda on November 4. The amount and financial terms were not disclosed.
The investment will expand Kifiya’s agricultural finance and rural services in Ethiopia and support entry into additional markets. Its technology uses alternative data and AI to help lenders assess first-time borrowers, while connecting farmers with finance, inputs and buyers.
Use of funds
Scale agricultural finance and rural access in Ethiopia
Support expansion into additional African markets
Funding history
IFC investment · This roundUndisclosed