Fatshimetrie – International Finance Corporation (IFC) Vice President for Africa Sérgio Pimenta begins a three-day visit to the Democratic Republic of Congo to consolidate the country’s economic partnerships. His presence from November 12 to 14 aims to meet with Congolese authorities, including President Félix Tshisekedi and Prime Minister Judith Suminwa Tuluka, to reaffirm IFC’s commitment to supporting job creation and inclusive growth.
IFC has stepped up its investments in the DRC, with an injection of $553 million between 2021 and 2024 in development projects in sectors such as ICT, energy, agribusiness and financial services. The Makutano Forum in Kinshasa will also be a highlight of this visit, where the importance of the private sector and investment opportunities in the DRC will be highlighted.
Discussions will focus on strategic projects in the areas of renewable energy, agriculture and SME financing. The main objective is to improve the investment climate, in collaboration with the World Bank and other partners, to foster sustainable and inclusive economic growth.
“We aim to strengthen our cooperation to support the DRC in its growth by mobilizing the private sector,” said Mr. Pimenta, head of IFC’s investment and advisory operations in Africa with a portfolio of $13.3 billion.
Collaboration between IFC and the DRC has already contributed to essential reforms, notably in special economic zones and public-private dialogue in the telecommunications sector. These efforts are crucial to foster sustainable and inclusive economic development, with a focus on job creation and improving the living conditions of the Congolese population.
In conclusion, Sérgio Pimenta’s visit to the DRC marks an important step in strengthening economic ties and collaborations aimed at stimulating growth and promoting sustainable development in the Democratic Republic of Congo.