• IFC extends $450M to Ebola-hit countries

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    The World Bank’s private sector arm, the International Finance Corporation (IFC), announced on Thursday a package of some $450 million in commercial financing that will enable trade, investment, and employment in Guinea, Liberia and Sierra Leone. “Ebola is a humanitarian crisis first and foremost, but it’s also an economic disaster for Guinea, Liberia, and Sierra Leone. That’s why in addition to our emergency aid we will do all we can to help support the private sector in these countries to build back their businesses,” said Jim Yong Kim, president of the World Bank Group.

    UN NEWS

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