The Latest Breaking News from Makhtar Diop

World Bank backs Spain with new Madrid office

First vice-president and economy minister Carlos Cuerpo presents Spain as a key hub for multilateral institutions after the opening of the World Bank office.

Euronews · Jun 29

World Bank's IFC Ramps Up Investment Amid Global Uncertainty

While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.

International Business Times · Jul 3, 2025

World Bank CEO Denies IFC Cover-Up of Kenya School Abuse

World Bank denies covering up abuse involving a Kenya school investment, refuting allegations of an IFC cover-up. Details on the controversy at hand.

Top News · Feb 6, 2024

World Bank's private arm launches $2 billion program to help Ukrainian businesses

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.

Reuters · Dec 15, 2022

Banks give ESG the okay

Banks are continuing to incorporate environmental, social and governance (ESG) factors into their business operations in a push for a sustainable transformation of the economy.

Bangkok Post · Jun 19, 2022

World Bank's IFC still disbursing funds in Ukraine despite war, chief says

The World Bank's investment arm has continued disbursing funds to some private firms in Ukraine despite the war there and is looking to finance efforts to re-orient the country toward "greening" its economy, the head of the unit said on Wednesday.

Reuters · May 25, 2022