Global Trade Alert
Global Trade Alert

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South Africa: IFC provides financing to a South African payment platform

Description

The International Finance Organization (IFC) announced that IFC and IFC Asset Management Company will make an equity investment of up to USD 15 million in Adumo RF Pty Ltd (Adumo). The project has bee...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Dec 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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