The International Finance Corporation (IFC) hosted an ‘IFC Day’ on January 14 in the Republic of Congo, bringing together government officials, private sector representatives and development partners to explore opportunities and address challenges in the nation’s priority sectors.
The event focused on strategies to stimulate investment in energy, industry, agriculture and digital technology, aligning with the country’s National Development Plan.
During the event, Ludovic Ngatsé, Minister of Economy, Planning and Regional Integration, underscored the importance of IFC’s collaboration in advancing economic diversification, job creation and the empowerment of youth and women.
Since launching operations in the Congo two years ago, the IFC has opened its first local office, invested $10 million in a telecommunications company, initiated activities in key sectors and commenced a Private Sector Diagnostic study to evaluate the business climate.
“All this will allow us in the years to come to significantly increase our activities not only in investment, but also in advisory services in Congo, in partnership with the World Bank and other technical and financial partners,” said Malick Fall, IFC’s Country Representative in the Congo.