The Latest Breaking News from IFC

LOS ANGELES — “Let’s dream big. This is our time to do it.”

Pictures of devastation in Ukraine following Russia's invasion have sparked urgent questions over how its reconstruction can be paid for. But before they can even begin to be answered, Kyiv is seeking billions just to ride out this year.

Private businesses in Ukraine are in line to receive $2 billion in financing arranged by the International Finance Corp. to help rebuild the country’s agriculture and fuel import industries and other ventures, which have faced extensive losses because of the war

The World Bank on Thursday announced a $2 billion package to support Ukraine's private sector, in a bid to help pave the way for reconstruction amid the devastation resulting from Russia's invasion. The latest package by the International Finance Corporation (IFC), the bank's development arm focused on private-sector development in…

The World Bank's private investment arm on Thursday said it had launched a $2 billion support package for Ukraine to help build the resilience of the Ukrainian private sector devastated by Russia's war and to prepare for reconstruction.

COP27 host Egypt is close to signing final agreements to build two wind and solar projects with combined capacity of a gigawatt (GW) to boost the country's lagging renewable power development. High levels of solar irradiation, strong winds and expanses of desert in which to construct plants mean Egypt has…

Fraternity parties are temporarily suspended at Cornell University after reports that a student was sexually assaulted over the weekend and four others were reportedly drugged in recent weeks

'From Scratch'

Pamela Mackenzie finally fell pregnant after travelling to Prague for IVF treatment

The recent leak of 124,000 confidential Uber documents has shed light on some of the ethically questionable activities that have arguably helped fuel the ride-hailing company’s global rise. Among allegations of law breaking and the secret lobbying of government figures, the “Uber files” show that the company paid academics to…

Crowdfunding is a viable solution for small businesses at a time of economic uncertainty, but regulatory support is necessary to promote the growth of the segment, according to Investree, an Asean-based financial technology company.