Statement: Civil society groups celebrate IFC’s divestment from profit-driven school chain Bridge International Academies

The World Bank’s International Finance Corporation (IFC) has quietly divested from New Globe Schools, better known as Bridge International Academies (BIA), a for-profit school chain operating in four African countries and India. The IFC has invested a total of $13.5 million in BIA since 2014, with the intention of supporting the company’s expansion to other countries. In response, Anderson Miamen, […]