Sérgio Pimenta, IFC’s Vice President for Africa, will visit Angola from August 19 to 20 to highlight IFC’s commitment to supporting private sector development and job creation in the country, including in the agribusiness, IT, energy, and transport sectors.
Accompanied by senior members of IFC’s leadership team for Africa, including Roland Yameogo the new Country Manager for Angola, Mr. Pimenta will co-host a workshop to discuss Angola’s development priorities and public-private partnership opportunities.
The workshop is being organized by Angola’s Ministry of Planning and is hosted by Minister of Economy and Planning, H.E. Victor Hugo Guilherme. Invited speakers include Angola’s Minister of State for Economic Coordination, H.E. José de Lima Massano; Minister of Finance, H.E Vera Daves; Minister of Transport, H.E. Ricardo D’Abreu; Minister of Energy and Water, H.E. João Borges; Minister of Health, H.E. Sílvia Lutucuta; Minister of Public Works, Urbanism and Housing, H.E. Carlos Alberto; and CEO of the Carrinho Group, Nelson Carrinho.
Mr. Pimenta will also meet with private sector and development partners in Angola. His discussions over the two days will focus on how IFC can deepen its support for Angola’s economic development in line with the government’s strategy to promote growth and diversify the economy.
IFC’s committed investment portfolio in Angola currently stands at US$68.5 million (the equivalent of 60.93 billion Angolan Kwanza), with a focus on manufacturing, agribusiness and increasing the availability of financial services in the country, particularly to smaller businesses. IFC’s advisory portfolio stands at US$5.4 million across four projects.
About IFC
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.
In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
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