World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
IFC’s investments in gig economy platform companies come under scrutiny
World Bank commits to invest additional $5 billion in the Great Green Wall over the next five years, despite shortcomings in its existing investments in the initiative highlighted by IEG.
Bill withdrawn after allegations of misconduct, as Nigerian civil society mobilises against water privatisation.
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
Latest IMF guidance on gender issues raises more questions than answers as it opens the door to impact assessments and alternative macro policies.
World Bank's due diligence processes highly suspect as it invests a quarter of a billion dollars in Nigerian Seven Energy, where several individuals associated with the company’s flagship contract are now either on the run or charged with money laundering.
The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.
World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.
Activists call for suspension of IMF disbursements, raising alarm about lack of accountability for several African loans.
As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.
World Bank water privatisation push in Africa criticised by civil society that are calling for a rights-based approach.
Notes from a side event on privatisation of education and low-fee private schools, which took place during the World Bank-IMF 2016 annual meetings.
Uganda has announced that it will close IFC-backed Bridge Academy private schools due to poor hygiene and sanitation.
As the World Bank closed the third and final round of public consultations on its new draft social and environmental standards, further concerns have been raised about problematic and weak language.