International Finance Corporation

The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.

Hyung K. Ahn

Principal Investment Officer

Irene Arias

Global Director of Financial Institutions Group and Director of Latin America and the Caribbean

Georgina Baker

Vice President, Latin America and the Caribbean, and Europe and Central Asia

Paulo de Bolle

Global Director

Peter Joseph Cashion

Head of Climate Finance FIG and CIO

Andrea Engel

Senior Country Officer, Principal Country Officer and Principal Country Manager

Rapti Goonesekere

Principal Economist

Christian Grossmann

Director for Climate Change

Mandeep Julka

Associate Investment Officer

Rana Karadsheh

Principal Investment Officer and Country Manager

Kyle Kelhofer

Country Manager for Vietnam

Alzbeta Klein

Global Industries Director and Director of Climate Business

Galina Vsevolodovna Klimenko

Principal Investment Officer of Financial Markets

Toshitake Kurosawa

Director

André Laude

CIO of Climate Finance

Mouayed Makhlouf

Regional Director of Middle East and North Africa

Paolo M. Martelli

Regional Industry Director of Latin America and the Caribbean

Atul Mehta

Senior Director of Telecom, Media and Tech, Venture Investing and Funds

Vivek Pathak

Director of East Asia and Pacific

Mary Porter Peshka

Director of Cross-cutting Advisory Services

Tomasz Telma

Senior Director of Manufacturing, Agri. and Services

Mary Beth Ward

Principal Syndications Officer and Team Leader

Tracy Washington

Principal Investment Officer for Global PE Funds and Regional and Sectoral Lead of SME Ventures Program

Al Murshed, Walid

Principal Country Officer

Past deals in United Arab Emirates

Federal Bank

Post in 2021
Federal Bank, head quartered in Aluva, Kerala is the largest traditional private sector Bank in India and 4th among all private sector banks in India in terms of footprint. They enjoy the trust and confidence of more than 6 million customers across the world. Their stakeholders trust us for the sound principles of corporate governance and their value of human capital as Their primary source of strength. This has always triggered valuable initiatives at every turning point of their growth journey. Federal Bank shares are widely held and is listed in the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE). Their Global Depository Receipts are listed at the London Stock Exchange. They have 1200+ branches and 1400+ ATMs spread across 25 states and Union Territories of the country under 9 zones and 39 regions. their predominant position in Kerala and visible presence in Tamil Nadu, Karnataka, and Maharashtra is notable and they are in the process of widely expanding their presence in Gujarat, Punjab and North Eastern states. They also have their Representative Office in Abu Dhabi, UAE. They are pioneers among banks in India in the area of using technology to leverage its operations and were among the first banks in India to computerize all its branches. Federal Bank offers its customers, a variety of services such as Internet banking, Mobile banking, on-line bill payment, on-line fee collection, online religious offerings, depository services, online e trade services ,Cash Management Services, RTGS / NEFT facility, IMPS etc. as part of its strategy in enhancing the convenience to its customers.

TruKKer

Series A in 2019
TruKKer is a Digital Freight Network that integrates Demand & Supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters. The network’s rapid growth and scale is creating multiple opportunities through data monetization and consolidated procurement

TruKKer

Venture Round in 2019
TruKKer is a Digital Freight Network that integrates Demand & Supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters. The network’s rapid growth and scale is creating multiple opportunities through data monetization and consolidated procurement

Yellow Door Energy

Series A in 2019
Yellow Door Energy invests in and operates distributed solar and energy efficiency assets for commercial and industrial customers in the Middle East and Africa. It finances, designs, builds, operates, and maintains the solar plants. The company was founded in 2015 and is based in Dubai, United Arab Emirates with a location in Amman, Jordan.

Vezeeta

Series C in 2018
Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services. Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions of patients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.

Network International

Venture Round in 2017
Network International is a prominent provider of payment solutions in the Middle East and Africa, established in 1994. The company specializes in delivering a comprehensive suite of technology-enabled services that cater to merchants and financial institutions, including card processing, ATM management, and merchant acquiring. It is recognized for its innovative approach and offers tailored solutions to meet the diverse needs of its clients. As a principal member of Visa and MasterCard in the UAE, Network International has achieved significant certifications, positioning itself as a leading independent vendor in the region. The company's services extend to consultancy for new card products, ensuring clients receive expert guidance in planning and design. By continually evolving its offerings, Network International aims to enhance payment transaction experiences, making them secure, fast, and efficient for all stakeholders involved.

Flat6labs

Seed Round in 2016
Flat6Labs is a startup accelerator based in Cairo, Egypt, founded in 2011. It focuses on seed stage investments and supports entrepreneurs in the critical early development phases of their ventures. Every four months, Flat6Labs selects a number of startups from Egypt and the MENA region, providing them with seed capital, mentorship, and office space. The accelerator emphasizes real-world entrepreneurial challenges through immersive, interactive educational programs developed in collaboration with the American University in Cairo. Flat6Labs has expanded its presence beyond Egypt, with additional offices in Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis. The organization also participates in early-stage venture capital initiatives, including partnerships with Saudi Venture Capital Company to manage funds targeting various sectors such as information technology, transportation, mobile technology, big data, and virtual reality. In 2012, Flat6Labs became the first African member of the Global Accelerator Network.

PSL Limited

Post in 2006
With a production capacity in excess of the 1 million ton mark, they are India’s largest producer/manufacturer of HSAW pipes - the line-pipe industry's preferred pipe.But their leadership in the pipe industry is not confined to the domestic market alone, though the market is huge and still growing - global recognition is reflected in the huge orders already in hand from the US even before the commissioning of their 300,000 MT capacity plant in Missisipi not to mention the USD 45 million order of their pipe mills in Sharjah in the UAE. These facilities are backed by sound technology, state-of-the-art infrastructure, technical collaborations with leading Design & Engineering consultancies of Germany and Italy and most importantly, by a human resources pool that is amongst the best in the industry - ensuring that your project is completed on target, time after time.