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. A sixth company has benefited from IFC advisory services but has not received financing. In West and Southern Africa, the rate was substantially higher.
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