IFC seeks to invest more in Myanmar agri businesses


IFC has invested in about 18 private companies in Myanmar to date.

Japan’s Daiwa Securities Group to invest nearly $6.26m in Frontiir

Daiwa Securities Group will take 10% stake in Frontiir Co Ltd.

Myanmar Finance secures $1m local currency debt from Symbiotics SA

MFIL will use debt to facilitate financing to local entrepreneurs and MSMEs.

IFC extends $13.5m financing package to three Myanmar MFIs

IFC will be injecting $1.5 million for a stake in Maha Agriculture Public Company.

Local venture capital firm BOD Tech joins Myanmar Online Creations’ Series A

Trust Venture Partners & Information Matrix CEO Thaung Su Nyein also joined.

Myanmar-focused PE Delta Capital to close $50m for second fund by July

It has fully deployed its first $50m fund making five investments since 2014.

Logistics startup Kargo wins Seedstars Yangon, to compete for up to $1m funding

Kargo beat 7 other early-stage tech startups from the country.

AIM-listed Myanmar-focused MIL raises $6.3m to invest in portfolio

It surpassed its fundraising target.

Myanmar entrepreneur body plans to set up angel network

The initiative is being planned with a corpus of $293,000 available for local startups.

Myanmar Digest: Nippon Concrete Industries’ JV starts concrete pole production; DHL to invest $113.9m locally

Japan’s Nippon Concrete Industry enters JV for concrete pole plant. DHL will invest $113.9 million to for supply chain business.