The International Finance Corporation (IFC), which is the World Bank’s private lending arm, is set to acquire a minority stake in retail chain Naivas Limited for $15 million (KSh1.5 billion). IFC is part of a consortium of investors, including PE fund French private equity firm Amethis, Deutsche Investitions-und Entwicklungsgesellschaft (DEG), a German Development Finance Institution, … Continue reading World Bank’s  IFC Acquires KSh1.5bn Minority Stake in Naivas Supermarket