Announcement
17 Dec 2020
The International Finance Organization (IFC) and IFC Asset Management Company announced providing USD 15 million funding to South African payment platform Adumo to help the growth of the company.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
17 Dec 2020
Revocation date:
No revocation date
Updated: 17 Dec 2020
Capital injection and equity stakes (including bailouts)
In force
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 ...
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