Sérgio Pimenta, IFC's Vice President for Africa, is visiting South Africa this week from August 21 to August 23 to highlight IFC's commitment to supporting private sector development and job creation in the country, including in the energy, municipal infrastructure, climate finance, agribusiness, and education sectors.
Accompanied by senior members of IFC's leadership team for Africa, Mr. Pimenta will meet with senior government officials to discuss South Africa's development priorities and public-private partnership opportunities. Specifically, Mr. Pimenta will engage with South Africa's Minister of Electricity and Energy, H.E. Kgosientsho Ramokgopa; Minister of Trade, Industry and Competition, H.E. Parks Tau; Director-General of the Department of Water and Sanitation, Dr. Sean Phillips; and Head of Project Management at the Office of the Presidency, Mr. Rudi Dicks.
Mr. Pimenta will also meet with private sector and donor partners in South Africa to discuss how IFC can drive private-sector development while helping support national goals around job creation, climate change mitigation, building sustainable infrastructure, and broaden economic inclusion.
IFC's committed investment portfolio in South Africa currently stands at $3.7 billion across 49 clients--the largest in Africa. South Africa is IFC's fifth largest client globally. IFC's advisory portfolio in the country stands at US$25.1 million. In South Africa, IFC focuses on efforts to boost renewable energy, green-focused construction, financial inclusion, and South Africa's electricity offering.
WHO: Sérgio Pimenta, IFC Vice President for Africa | @SPimentaIFC
WHEN: Wednesday, August 21, 2024 – Friday, August 23, 2024
WHERE: Johannesburg, South Africa
