international finance corporation Stories

World Bank urges shift to local currency loans in Africa
Alfred Onyango  |  Nov 07, 2025

The continent accounted for over $15 billion (Sh1.9 trillion) of IFC commitments last year, with roughly 30 per cent already in local currencies.

IFC under fire: US alleges sexual abuse coverup at Bridge schools in Kenya
Amina Wako  |  Mar 19, 2024

The US says the IFC engaged in a "supplemental confidential" agreement, raising suspicions of an attempt to cover up instances of sexual abuse at the...

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