The International Finance Corporation (IFC) announced recently that it has completed a $10 million equity investment in South African Knife Capital Fund III, dedicated to financing high-growth and expansion-stage tech companies.

Unlike the first two vehicles launched by Knife Capital in 2016 and 2010, respectively, this vehicle mainly targets Series B investments.

For more information, please see https://www.ecofinagency.com/finance/1102-43398-s-africa-ifc-pledges-10mln-to-support-expanding-businesses