World Bank Group

Developed economies encouraging fossil fuels development to the detriment of renewable – Oil Change International

Developed nations have been accused of promoting the development of fossil fuels instead of renewable energy sources. An analysis of…

By businessamlive
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World Bank report finds advanced economies remain leaders on trade logistics

Advanced economies remain the global leaders in trade logistics, according to findings by a new World Bank Group report, “Connecting…

AfDB ranks 4th best company to work for in Africa

The 2018 Careers in Africa Employer of Choice Survey has ranked the African Development Bank (AfDB) the fourth best company…

IFC grants Indorama Eleme Fertilizer plant $1bn loan

The International Finance Corporation (IFC), a member of the World Bank Group, Friday announced a new $1 billion debt financing…

MDBs launch new platform to coordinate support for economic migration, forced displacement

Seven multilateral development banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement Friday,…

World Bank chief doubts legitimacy of cryptocurrencies, calls bitcoin “ponzi schemes”

Jim Yong Kim, World Bank Group President, has compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions…

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