- IFC shifts from fintech to infrastructure classification
- Blended finance model targets the informal transport credit gap
LOME, TOGO – The World Bank’s private-sector arm is not funding a super app; it is constructing a credit market in West and Central Africa — and following a playbook it has refined over years.
When the International Finance Corporation first invested in Gozem in 2021, the Lomé-based startup was a modest motorcycle taxi platform experimenting with vehicle financing. Five years and two follow-on deals later, IFC is preparing to commit up to €21 million more — a signal not just of Gozem’s trajectory, but of a deeper shift in development finance strategy.
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