IFC Venture Capital Group
Status
ACTIVE
Global HQ
Washington, United States
Countries of investment
- India
- Brazil
- Mexico
- Colombia
- Peru
- Chile
- Argentina
- Uruguay
- Paraguay
- Bolivia
- Dominican Republic
- Costa Rica
- Guatemala
- El Salvador
- Honduras
- Nicaragua
- Panama
- Egypt
- Morocco
- Tunisia
- Algeria
- Nigeria
- Kenya
- Ethiopia
- Ghana
- Uganda
- Tanzania
- Rwanda
- South Africa
- Mozambique
- Zambia
- Namibia
- Botswana
- Turkey
- Ukraine
- Romania
- Bulgaria
- Serbia
- Croatia
- Georgia
- Armenia
- Azerbaijan
- Poland
- Czech Republic
- Slovakia
- Hungary
- Albania
- North Macedonia
- Bosnia and Herzegovina
- Vietnam
- Indonesia
- Philippines
- Thailand
- Malaysia
- Cambodia
- Laos
- Myanmar
- Bangladesh
- Pakistan
- Sri Lanka
- Nepal
- Mongolia
- Kazakhstan
- Uzbekistan
- Jordan
- Lebanon
- Iraq
- West Bank & Gaza
Investment stages
- Series B
- Series C
- Growth
Industries
- Fintech
- Clean Energy
- Infrastructure
- Health Tech
- Agtech
- Climate Finance
About
IFC invests heavily in emerging market enterprises driving social impact, financial inclusion, and green transition. The firm’s investments span multiple sectors — from renewable energy and infrastructure to fintech and healthcare — targeting systemic transformation through scalable business models.
IFC invests heavily in emerging market enterprises driving social impact, financial inclusion, and green transition. The firm’s investments span multiple sectors — from renewable energy and infrastructure to fintech and healthcare — targeting systemic transformation through scalable business models.
Investment Thesis
The International Finance Corporation (IFC) is the World Bank Group’s private sector arm, investing globally to foster sustainable economic growth in developing countries. IFC provides equity, debt, and blended finance to businesses promoting inclusion, climate resilience, and innovation.
Manager's Experience
The team brings decades of experience in global finance, development, and investment in emerging markets, with expertise spanning infrastructure, energy, financial inclusion, and climate resilience.
Team
Makhtar Diop – Managing Director
Elena Bourganskaia – Vice President
Strategy and Operations Support
Federico Galizia – IFC Vice President
Risk and Finance
John Gandolfo – Vice President and Treasurer
Treasury & Mobilization
Mohamed Gouled – Vice President
Industries
Alfonso García Mora – Regional Vice President
Europe
Latin America and the Caribbean
Mary-Jean Moyo – Chief of Staff
Ramit Nagpal – Vice President and General Counsel
Legal
Institutional Risk and Governance
Riccardo Puliti – Regional Vice President
Middle East and Central Asia
Ethiopis Tafara – Regional Vice President
Africa