IFC Invests in Kifiya to Expand Agricultural Fintech Across Africa

On 4 November, Ethiopian fintech company Kifiya signed an investment agreement with the International Finance Corporation to expand its agricultural finance technology and rural operations. The platform uses AI and alternative data to help financial institutions assess borrowers, while connecting farmers and small businesses with lenders, suppliers and markets. The investment amount was not disclosed. The agreement creates opportunities for fintech startups, AI developers, agricultural technology businesses and venture investors. HPC can support startup introductions, investor research and international technology partnerships.