UPDATE 1-IFC says to invest up to $30 million in Sasfin

* Deal gives IFC 12 pct stake in Sasfin

* Investment includes loan and trade finance guarantees

* IFC to support Sasfin's Africa expansion

(Adds details)

JOHANNESBURG, July 7 (Reuters) - South African financial services firm Sasfin (SFNJ.J) will receive a cash injection of up to $30 million from the IFC, the private sector arm of the World Bank.

The International Finance Corporation said in a statement on Tuesday that the investment included up $10 million in equity, a $10 million loan and up to $10 million in trade finance guarantees.

Sasfin Holdings, which provides lending to small and medium businesses, said in a statement posted on its website the deal would give the IFC a 12 percent shareholding in the group.

The IFC said it would also support Sasfin in expanding the company's operations across South Africa and potentially to other parts of sub-Saharan Africa, including Malawi, Botswana and Ghana.

"The partnership with IFC will strengthen Sasfin's capital position during these volatile economic times," Sasfin Chief Executive Officer Roland Sassoon said. (Reporting by Tiisetso Motsoeneng)