Knife Fund secures US$10m from IFC to support growth in South Africa’s digital economy

SOUTH AFRICA – The International Finance Corporation (IFC), a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital to support growth in South Africa’s digital economy and increase access to financing for the country’s tech entrepreneurs. The investment will provide financial support to…

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