Kaizen Venture Partners Secures US$20 Million from IFC to Invest in Sub-Saharan Africa (Sub-Saharan Africa)

Source: Kaizen Partners

Kaizen Venture Partners, a private equity investment firm focused on special situations investing in Africa, has signed an agreement with International Finance Corporation (IFC), the development finance arm of the World Bank Group. IFC has agreed to co-invest up to US$20 million with Kaizen in the acquisition of distressed assets in transactions targeting small- and medium-sized enterprises in Sub-Saharan Africa.