IFC Middle East and North Africa Fund

IFC Middle East and North Africa Fund makes equity and equity-related investments in companies across the MENA region

Fund facts

  • Size (US):

    $162.4 million
  • Vintage Year:

    2015
  • Sector:

    Multi-sector
  • Region:

    Middle East North Africa

Fund team

Navtej Dhillon

Head

Navtej Dhillon

Head, IFC Middle East and North Africa Fund

Prior to joining AMC in 2014, Navtej was a Senior Advisor at the U.S. Treasury, working on financial challenges in emerging markets. He initiated a new Transition Fund and managed Jim Kim’s transition as the new World Bank Group President. Navtej has previously worked with Jim Wolfensohn in various advisory and economic research roles.

 

Navtej has a BSc in Business Management from King’s College London and an MA in International Relations from the London School of Economics. 

Portfolio

Investment Sector Country Status Investment Date
Apex International Energy Oil & Gas Egypt, Arab Republic of Current November, 2017
Integrated Diagnostics Holding Healthcare Egypt, Arab Republic of Current June, 2021
Network International FinTech United Arab Emirates Current November, 2016
Souq.com E-Commerce United Arab Emirates Exited November, 2015
Yellow Door Energy Renewable Distributed Generation Middle East & North Africa Current March, 2019

Company

Sector

Oil & Gas

Country

Egypt, Arab Republic of

Status

Current

Investment Date

November, 2017

Sector

Healthcare

Country

Egypt, Arab Republic of

Status

Current

Investment Date

June, 2021

Sector

FinTech

Country

United Arab Emirates

Status

Current

Investment Date

November, 2016

Sector

E-Commerce

Country

United Arab Emirates

Status

Exited

Investment Date

November, 2015

Sector

Renewable Distributed Generation

Country

Middle East & North Africa

Status

Current

Investment Date

March, 2019