KYIV, Sept 22 – The International Finance Corporation (IFC) from the World Bank Group will enter the capital of a new fund managed by Horizon Capital – Horizon Capital Growth Fund IV (HCGF IV) with an equity commitment of $30 million, and the European Bank for Reconstruction and Development (EBRD) with an equity commitment of $50 million.
According to the information on the corporation's website, the project has been approved and the relevant documents are pending signing, this will be the first IFC investment in Ukraine since the start of the full-scale war that began in February 2022.
The EBRD said that its board of directors approved entry into HCGF IV on 6 September.
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