IFC Invests in Trustco to Support Educational Finance and Micro Insurance in Africa
Johannesburg, South Africa, August 21, 2013 – IFC, a member of the World Bank Group, today announced a ZAR 300 million investment in Trustco Group Holdings to support its student lending activities in Namibia and expand micro insurance into new countries in Sub-Saharan Africa. IFC’s investment will enhance access to higher education and affordable insurance.
