General Info
ICD is one of the premier Islamic multilateral financial institution for the development of the private sector
Location: Jeddah
Country:
Industries:
Investment Regions: MENA
Investment Stages: late-stage, pre-seed, seed, series-a
Website: http://www.icd-ps.org/
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MENA
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🤖 AI Activity Report
Status: not-active
AI Reasoning: The ICD (ICD-PS) annual report and related materials show their latest disclosed financing activities in 2024, including investments and financings (e.g., commitment to Bidaya Finance and disbursements to Uganda Development Bank, CCA Bank Cameroon, BIIC Benin, Coris Bank Togo). The most recent documented investments occurred in 2024 – more than 12 months prior to the evaluation date – and no evidence of investments in the past 12 months was found. The startup/partner named in the report is Bidaya Finance; this investment is reported in 2024. Calculating the time since the last known investment shows over 12 months without a new investment, hence the appropriate tag is chosen.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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