Revealed: How Development Banks Underwrote Fast Food’s Global Takeover
DeSmogBlog
APRIL 19, 2024
A review of press accounts, financial disclosures, and the companies’ websites shows this support aided these firms’ KFC-linked operations in up to 13 countries in Asia, Africa, and Europe. In South Africa, the IFC helped one KFC supplier bolster its operations across the region. The EBRD sold its stake in the company in 2019.
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