World Bank

A billion-dollar flagship scheme to support private sector-led health care in Africa is bypassing poor people and concentrating instead on high-end urban hospitals catering mainly for the rich.

An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.

Oxfam welcomes today's World Bank report 'Clima

Oxfam’s Nicolas Mombrial said:

Oxfam's Nicolas Mombrial said: “The IMF and World Bank have admitted the dangers of skyrocketing inequality, but they’re not showing any concrete signs of dealing with the problem.

Following Oxfam’s January report revealing that just 85 people owned the same wealth as the bottom half the world’s population, Forbes has updated its “billionaires' list”, showing that extreme inequality has worsened– just 67 people at the top now own half the wealth.

The Lesotho health public–private partnership (PPP) has been described as opening a new era for private sector involvement in healthcare in Africa.

World Bank Group President Jim Yong Kim today announ

An internal investigation has revealed that the World Bank has invested in a palm oil and food company implicated in serious rights abuses in Honduras.

Donors have replenished the World Bank’s fund for the world’s poorest countries, the International Development Association, to the tune of