IFC proposes $7.5M Investment in Cauris Finance’s African fintech fund

The International Finance Corporation (IFC) is evaluating a proposed $7.5 million investment in the Third Wave Fund, a structured debt vehicle managed by US-based credit investment firm Cauris Investment Management. The fund is specifically engineered to inject debt capital into tech-enabled financial institutions and digital lenders operating across the African continent. Fund Size and Investment Terms Cauris Finance is targeting a $75 million close for the Third Wave Fund, with a maximum hard