The International Finance Corporation (IFC), a member of the World Bank Group, is proposing an investment of up to $10 million in Dolma Impact Fund II, the Nepal-focused Dolma Fund Management’s second private equity vehicle, according to a disclosure.
IFC will likely extend $5 million from its own account while the remaining will be from the blended finance facility of the IDA18 IFC-MIGA private sector window, created by the World Bank Group to catalyse investment in fragile and conflict-affected states.