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The World Bank Group was founded in 1944 and consists of 5 closely associated institutions, The International Bank for Reconstruction and Development (IBRD), The International Development Association (IDA), The International Finance Corporation (IFC), The Multinational Investment Guarantee Agency (MIGA), and The International Centre for Settlement of Investment Disputes (ICSID).
Their mission is to fight poverty for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity, and forging partnerships in the public and private sectors.
Poverty in a Rising Africa