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IFC Invests $50 Million in New LeapFrog Fund to Boost Health and Financial Services Businesses in Africa and Asia

IFC Invests $50 Million in New LeapFrog Fund to Boost Health and Financial Services Businesses in Africa and Asia

#financial services
#investments
IFC has made a US$50 million equity investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets, to improve fast-growing health and financial services firms’ access to growth capital and support job creation in Africa, South Asia, and Southeast Asia.

The International Finance Corporation (IFC) has injected $50 million into a new fund managed by LeapFrog Investments, a leading private equity group dedicated to impact investing in emerging markets. This investment aims to support the growth of health and financial services firms and stimulate job creation in Africa, South Asia, and Southeast Asia. LeapFrog specializes in investments in healthcare, financial services, and climate solutions, with its portfolio companies achieving remarkable impact and growth, reaching 392 million people across 30 countries. The fund, known as LeapFrog Emerging Consumer Fund IV LP, is targeting $1 billion in commitments and is IFC's third engagement with LeapFrog. It will focus on aiding businesses in healthcare and financial services by promoting digital solutions and new products for underserved populations. The collaboration also seeks to enhance gender diversity within the fund manager and the companies it invests in.


🌟 Learn how IFC and LeapFrog are boosting growth and impact in emerging markets.


#ImpactInvesting #Africa #Asia #FinancialServices #Healthcare #IFC #LeapFrogInvestments #EmergingMarkets


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