International Finance Corporation

The International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. It provides financial services, including loans and equity investments, ranging from $1 million to $100 million, with a focus on projects that drive economic growth and social impact. IFC invests across various sectors such as infrastructure, agriculture, manufacturing, healthcare, education, technology, and financial services.

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Makhtar Diop

Managing Director

Patrick Doyle

Senior Investment Officer

Imad N. Fakhoury

IFC Regional Director South Asia

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Past deals in Abu Dhabi

TruKKer

Series A in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

TruKKer

Venture Round in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Flat6labs

Seed Round in 2016
Flat6Labs is a prominent accelerator and venture capital firm based in Cairo, Egypt, founded in 2011. It plays a crucial role in fostering the technology ecosystem in the MENA region by investing in seed and early-stage startups across various sectors, including transportation, mobile, big data, and virtual reality. With offices in multiple cities such as Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis, Flat6Labs supports over 100 innovative startups annually, empowering entrepreneurs to realize their ambitions. The firm offers a range of investment amounts from $50,000 to $500,000, catering to startups from pre-seed to pre-Series A stages. In addition to financial support, Flat6Labs provides a comprehensive suite of services, connecting startups with a vast network of business mentors, investors, and corporate partners, thereby enhancing their growth potential. The firm is committed to expanding its impact in emerging markets while maintaining its leadership position in the region's startup ecosystem.
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