Thursday
November 12
2026

Kifiya Receives First Investment From IFC to Scale AgFinTech Work in Ethiopia

Ethiopian FinTech company Kifiya Financial Technology has signed an investment agreement with IFC, a member of the World Bank Group. The deal was announced on 4 November 2026 at the Africa Financial Summit (AFIS) in Luanda, Angola. It is IFC’s first investment in Kifiya, and the amount was not disclosed.

Photo courtesy of International Maize and Wheat Improvement Center.

Source: African-Startups (link opens in a new window)

Categories
Agriculture, Finance, Technology
Tags
artificial intelligence, lending, smallholder farmers