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World Bank to scale up Africa guarantees to $6 billion by 2030

The World Bank Group says its Guarantee Platform aims to double its annual issuance of guarantees in Africa to 6.4 billion dollars by 2030. A statement by the bank on Wednesday, said the initiative would improve the lives of no fewer than 190 million people over the next four years. The World Bank Group Guarantee Platform is a centralised, “one-stop shop” that consolidates all guarantee and risk insurance products across the World Bank Group. [...]