Kifiya secures investment from IFC to scale agricultural lending in Ethiopia

Kifiya, the Ethiopian AI-powered fintech, has secured an investment of undisclosed size from the International Finance Corporation. The announcement was made at the Africa Financial Summit in Luanda. The instrument was not specified.

Founded in 2010 and led by founder and CEO Munir Duri, Kifiya builds risk scores from more than 10 billion alternative data signals. The money will go into its agricultural data and risk models and into extending its reach to rural communities, connecting smallholder farmers and microenterprises with finance and markets.

Its infrastructure has supported more than $1 billion in credit to date. A 2025 project to digitally profile one million Ethiopian farmers reached more than 1.2 million. IFC featured Kifiya as a case study in its 2026 Cracking the Credit Code report.