4 March 2010
After the Democratic Republic of Congo cancelled an IFC backed mining contract over disputed payments, the World Bank arm has declared that it will not begin new projects in the country until the dispute is resolved. The IFC is currently active in nine projects in Congo with a commitment of $104.6 million.
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World Bank’s IFC Halts Congo Investments Until Dispute Resolved, by Michael J. Kavanagh, Business Week, February 23, 2010 (Business Week website)