International Finance Corporation

International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. Headquartered in Washington, D.C., with global offices, IFC provides financial and advisory services to support economic activities across various sectors such as infrastructure, agriculture, manufacturing, and financial services. It invests in both direct equity and debt, as well as fund investments, with a focus on projects that promote sustainable development and inclusive growth. IFC's investment range typically spans from $1 million to $100 million, with a minority equity stake, often up to 20%. It also offers debt financing, with loan sizes up to 25% of total project costs or 50% for expansion projects. IFC's portfolio includes a mix of asset-backed securities, corporate debt securities, government obligations, equity investments, and derivative assets. It aims to exit investments through domestic stock markets, arrangements with project sponsors, or public listings within 7 to 15 years.

Wale Ayeni

Regional Head Africa Venture Capital

Paulo De Bolle

Director, Special Situations

Ali Demirci

Global Head, Venture Capital Funds

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Makhtar Diop

Managing Director

Imad N. Fakhoury

IFC Regional Director South Asia

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Stephanie Friedeburg

Vice President, Corporate Strategy and Resources

Mohamed Gouled

Vice President, Industries

Cheryl Hanway

Director

Saadia Khairi

Vice President and Chief Risk Officer

Rosy Khanna

Regional Industry Director for Financial Institutions in Asia-Pacific

Alfonso Garcia Mora

Regional Vice President for Europe, Latin America and the Caribbean

Vivek Pathak

Director and Global Head of Climate Business

Mary Peschka

Regional Director for Eastern Africa

Sergio Pimenta

Regional Vice President, Africa

Oumar Seydi

IFC Regional Director, Africa

Sarvesh Suri

Regional Industry Director, Infrastructure and Natural Resources

Dahlia Khalifa

Regional Director of Central Africa, Liberia, Nigeria and Sierra Leone

Past deals in Sri Lanka

John Keells Holdings

Debt Financing in 2020

John Keells Holdings PLC is Sri Lanka's premier diversified company, operating across multiple sectors including transportation, consumer foods, retail, leisure, property, financial services, and others such as information technology and plantation services. The Transportation segment provides ports and shipping, integrated logistics, airline and aviation services, and related marine services. The Consumer Foods segment offers a variety of products under brands like Elephant House, Wild Elephant, Twistee, Fit-o, Keells-Krest, Krest, and Ezy rice. The Retail segment operates a chain of supermarkets and distributes office automation equipment. The Leisure segment manages luxury hotels and destination management businesses. The Property segment develops residential and commercial properties, rents office spaces, and manages real estate. The Financial Services segment offers insurance, banking, debt trading, fund management, leasing, and stock broking services. Additionally, the company provides business process outsourcing, software, information technology services, tea and rubber broking, and pre-auction produce warehousing services. Founded in 1870 and based in Colombo, Sri Lanka, John Keells Holdings PLC generates a significant portion of its revenue from Sri Lanka while also having a presence in Asia and Europe.

PickMe

Venture Round in 2018

As the market leader and Sri Lanka's most successful start-up business in recent times, they envision the intelligent upgrade of the local transportation industry; consequently inspiring Sri Lanka towards matching global standards in effective problem solving via technology. PickMe is the proud product of this vision, instilled by their leadership that comprises the enterprisingly youthful and highly accomplished, and realized by talent warehoused at their headquarters in Colombo, Sri Lanka. The PickMe software is a platform that facilitates a real time connection between the taxi passenger and the taxi driver, enabling mutual engagement for the receipt and delivery of a seamless service.

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