World Bank’s accountability body raises “substantial concerns” regarding IFC’S investment in Bridge International Academies.
NAIROBI, 25TH OCTOBER 2019. The World Bank’s independent recourse and accountability mechanism, Compliance Advisor Ombudsman (CAO), published a report yesterday raising “substantial concerns” regarding Bridge International Academies (BIA) and announcing their intention to conduct a compliance investigation into the International Finance Corporation’s (IFC) investment in the company. This decision comes after a comprehensive appraisal of a complaint filed…