World Bank Group

By IndepthAfrica
In Article
Sep 13th, 2013
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By Curtis Kline, IC Magazine Millions of acres of Ethiopia’s most fertile lands are being offered to foreign investors, often in long-term leases and at bargain prices. At the same time, through its ‘villagization’ program, the Ethiopian government is forcibly displacing hundreds of thousands of Indi...
By IndepthAfrica
In Analysis
Oct 30th, 2012
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By Jerome Mwanda, IDN Some 19 million people in West Africa’s Sahel region are living with the threat of hunger and malnutrition, though the potential to increase agricultural production in Africa is enormous. Poor people in the slums of Nairobi pay more for their maize, rice, and other staple food t...
By IndepthAfrica
In Article
Sep 5th, 2012
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The new president of the World Bank, Jim Yong Kim, began an African tour Tuesday with a call to Ivory Coast to “choose peace” in order to foster economic growth. Kim, 52, a Korean-American physician and anthropologist, took up his functions at the beginning of July. On Tuesday evening he ...
By IndepthAfrica
In Press Releases
Jan 30th, 2012
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LAGOS, Nigeria, January 27, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, is investing $1.1 million (174.5 million Nigerian naira) alongside Advans S.A., German development bank KfW, and Dutch development bank FMO to establish La Fayette Microfinance Bank in Oy...
By IndepthAfrica
In Press Releases
Jan 18th, 2012
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WASHINGTON, January 18, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, has obtained approval from Ghana and the eight member countries of the West African Monetary Union to establish local currency bond programs to strengthen domestic capital markets and support...
By IndepthAfrica
In Press Releases
Dec 19th, 2011
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IFC, a member of the World Bank Group, is providing up to $110 million in debt financing to Hikma Pharmaceuticals PLC to help improve access to high-quality generic medicines in the region. IFC’s investment will enable Hikma to continue to provide skilled jobs and high-quality medicines to peop...
By benim
In East Africa
Apr 20th, 2011
1 Comment
20 Views
NAIROBI, Kenya – Stephen Omandi scratched out the number “55″ on the sign advertising buckets of maize and wrote in the new price: 60 Kenya shillings. The price hike amounted to only $0.06. But for the residents of Nairobi’s largest slum, where most people live on $1 a day, that 10 ...