WORLD BANK IFC NEWS

IFC News & Events

News & Events. IFC News & Events Jun 16, 2017. Release: IFC Supports Mozambique’s first utility-scale solar plant to Address Energy Gaps. Jun 7, 2017. Release: IFC 2017 IFC. User Agreement · General Inquiry · World Bank Group
Source: www.ifc.org

Monetary Authority of Singapore teams up with World Bank’s IFC to encourage Asian fintech innovation

IFC is going to set up the asean financial innovation network (Afin) with the Monetary Authority of Singapore (MAS) to encourage fintech innovation
Source: www.cnbc.com

IFC – International Finance Corporation

IFC IS DELIVERING LASTING SOLUTIONS FOR DEVELOPMENT, WHEREVER WE can ifc blends investment WITH ADVICE AND RESOURCE
Source: www.ifc.org

World Bank Group Announces Record $57 Billion for Sub-Saharan Africa

Following a meeting with G20 finance ministers and central bank governors, world bank group president jim yong kim today announced a record $57 billion in financing for Sub-Saharan African countries over the next three fiscal years.
Source: www.worldbank.org

World Bank’s IFC invests 137 million euros in Bank Zachodni’s green bonds

IFC, a member of the World Bank Group, will invest 137 million euros ($153.3 million) in subordinated green bonds issued by Poland’s Bank Zachodni WBK to help it to finance climate-related projects, IFC said in a statement.
Source: www.reuters.com

Media Contacts

The World Bank. 1818 H Street, NW Washington, DC 20433 News Bureau. Tel : (202) 473-7660 Frederick Lawrence Jones (IFC). Senior Communications
Source: www.worldbank.org

International Finance Corporation (IFC) | Economist – World News

But the World Bank is shaming governments into slashing bad rules16. When the learning curve is long. The World Bank and the environment: When the
Source: www.economist.com

World Bank Board Approves US$100 million for large-scale solar parks in India

The world bank board today approved US$100 million to help India increase its power generation capacity through cleaner, renewable energy sources.
Source: www.worldbank.org

World Bank’s ifc investment firm invests $2M in Southeast Asian fund SeedPlus

SeedPlus, the early stage investment firm launched by singapore-based vc firm jungle ventures last year, has snagged a strategic investment from IFC, the..
Source: techcrunch.com

World Bank’s probe finds IFC investment in tata power project breaching norms

The CAO, in its second monitoring report in relation to audit of CGPL following complaint by fishing communities, said there was a need for rapid, participatory and remedial approach.
Source: economictimes.indiatimes.com

Honduran farmers accuse World Bank arm of ‘profiting from murder’

Honduran farmers file lawsuit in US over loans made to landowner accused of human rights abuse
Source: www.ft.com

World Bank accused of funding asia | finance magnates‘coal power boom’

Rights group says Bank indirectly financed coal projects despite pledges to cut support over environmental concerns.
Source: www.aljazeera.com

The World Bank’s new CEO Kristalina Georgieva lays out her vision

Apr 17, 2017 Kristalina Georgieva, chief executive officer at the World Bank: epp group / CC IBRD/IDA, IFC and MIGA — to tailor support to member countries. where she covers global development news, careers and lifestyle issues.
Source: www.devex.com

World Bank’s IFC to acquire 10 per cent stake in Britam for Sh3.6b

The International Finance Corporation (IFC) has made an entry into Kenya’s insurance industry by acquiring a significant stake in Britam Holdings Ltd.
Source: www.standardmedia.co.ke

Net1 Pressed by World Bank’s IFC to Complete Lending Assessment

The World Bank’s International Finance Corp. said it’s pressing Net1 UEPS Technologies Inc. to complete an assessment of its lending practices this year as human rights organizations allege that the company’s subsidiaries are improperly marketing goods and services to the more than 17 million South Africans on welfare.
Source: www.bloomberg.com

World Bank’s IFC, Amundi to create $2 bn green bond fund – The Economic Times

Green bonds are used to raise funds for projects which help tackle environmental problems such as renewable energy, energy efficiency and waste management.
Source: economictimes.indiatimes.com

India extends UN privileges to World Bank affliate IFC

India has extended the United Nations (Privileges and Immunities) Act, 1947 (46 of 1947), which confers legal immunity akin to the kind enjoyed by foreign missions and diplomats, to the International
Source: www.thehindu.com

Singapore and World Bank’s IFC to Support Fintech Development in Asia | Finance Magnates

The collaboration is expected to improve economic integration within the ASEAN Area.
Source: www.financemagnates.com

World Bank’s IFC, Allan Gray rush to curb fallout of grants debacle

The two biggest Net1 investors admit to CPS worries, but disagree on scale and severity.
Source: mg.co.za

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