IFC backs Metito Utilities with $40m structured equity to scale emerging markets water platform
World Bank Group’s International Finance Corporation (IFC) is proposing an investment of up to $40 million in structured equity to support the expansion of Metito Utilities Limited, according to a disclosure seen by DevFiNews. The move underscores a broader shift toward platform-level financing in emerging markets infrastructure. The investment, structured as convertible redeemable preferred shares, … Read more