IFC and C2FO are working under a strategic partnership to bolster job growth and economic prosperity in emerging markets and developing economies. The first initiative will work to enhance financing for local enterprises in Africa by developing a specialized, web-based multinational working capital platform for micro, small, and medium enterprises (MSMEs). This initiative is IFC's first dedicated supply chain financing facility in Africa for smaller businesses, and aims to provide much-needed liquidity to MSMEs without the need for risk-based underwriting.

C2FO won the SME Financier of the Year Award at the Global SME Finance Forum Awards 2024, the pinnacle of global recognition for those who are making a real impact in the SME finance landscape.