World Bank President Jim Yong Kim speaks during the Milken Institute Global Conference in the US.
The World Bank has changed direction. It won't be giving up on public funding, but it will increasingly be trying to attract private investors to developing countries.
World Bank President Jim Yong Kim is thinking about reinventing the organisation model.
Africa should be concerned about news that the World Bank is looking to migrate from the model that largely relies on funding member states to become a broker of private capital.
The World Bank meets 2017 with a new face and that face is – for better or worse – worn by Jim Yong Kim.
A dubious deal with the Trumps has sparked criticism of the World Bank, but attention should be focused elsewhere.