IFC supports early-stage ventures in developing countries that are creating new markets, transforming industries, and driving inclusive growth while realizing strong returns. By investing in best-in-class entrepreneurs and partnering with top-tier venture capital funds, we support the creation of a tech-enabled venture asset class across emerging markets that fosters private sector growth.
Learn more about IFC's work in Disruptive Technologies and Venture Capital.
In March 2021, IFC committed a €20 million equity investment in Bolt Technology, a global ride-hailing company based in Estonia and offering mobility, food, and delivery services through a digital platform. IFC’s investment will help Bolt expand its mobility and delivery services in underserved urban areas in South Africa, Nigeria and Ukraine. It will create earning opportunities and improve access to safer and more accessible transportation in emerging economies, as increasing digitalization and growing urbanization are transforming urban mobility and last-mile logistics. The project will benefit women in particular by tackling some of the barriers hindering their participation in the workforce.