Bridge International Academies | Accountability Console
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Bridge International Academies

Sectors

Manufacturing

Description:

Projects in this Sector: 45

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Issues Raised

Community health and safety

Description:

Projects with this Issue Raised: 363

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Consultation and disclosure

Description:

Projects with this Issue Raised: 537

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Due diligence

Description:

Projects with this Issue Raised: 486

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Labor

Description:

Projects with this Issue Raised: 104

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Retaliation (actual or feared)

Description:

Projects with this Issue Raised: 71

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Project Information

Investment ID: 32171

Bank: IFC/MIGA

Environmental Category: B

Country: Kenya

Region: Sub-Saharan Africa

Approval Date: None

Investment Types: Equity

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has an active project with Bridge International Academies (the Company), Africas largest chain of low-cost schools. According to IFC, the Company currently operates 211 schools serving 57,000 students in Kenya and aims to provide quality education to children from families earning less than US$2 per person per day. The investment supports an increase in the number of schools in Kenya and expansion to 3 new countries.

Investments

Investment Type ID Amount Status Bank Client
Equity 32171 USD 10.0 million Planned IFC

Related Complaints

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
NewGlobe Schools Inc