The World Bank Group and the International Fund for Agricultural Development (IFAD) have signed a new co-financing agreement to scale up investments in rural economies, strengthen food systems and create jobs. The agreement was signed on Tuesday during the 2026 Annual Meetings of the International Monetary Fund and the World …
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The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions in emerging markets expand access to digital payments for consumers and small businesses. In some of these markets, financial institutions are constrained by financial …
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THE World Bank Group has warned Nigeria as well as other developing economies that simultaneous rate hikes in response to increasing inflationary pressure may trigger a global recession and a string of financial crises. In its new study titled “Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes,” …
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