World Bank Bets $15 Million on Kenya’s Quickmart Listing
(NAIROBI, KENYA) – The International Finance Corporation (IFC), the private investment arm of the World Bank, is acquiring a 6.5% stake in Kenyan supermarket chain Quickmart for KES 1.94 billion ($15 million / £11.3 million) through the retailer’s initial public offerin. The investment makes the IFC a cornerstone investor inContinue Reading









































