International Finance Corporation (IFC) · LEAD
Corruption: World Bank Stops Funding Bridge International Academies
The World Bank’s International Finance Corporation (IFC) has divested from Bridge International Academies (BIA) amid pressure from education stakeholders that the low-cost private schools are for profit. This move also comes amid reports of scandals that have been reported surrounding BIA and a series of serious complaints to the IFC’s independent accountability mechanism, the Compliance […]