IFC's Pimenta on plans to empower Africa's private sector
Sérgio Pimenta, the Regional Vice President of IFC Africa, spoke to CNBC Africa’s Godfrey Mutizwa to discuss crucial focus areas and initiatives that are shaping the continent's future, including the private sector, youth and women.
Mon, 16 Oct 2023 14:48:50 GMT
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AI Generated Summary
- The crucial role of the private sector in driving economic growth and development across Africa.
- Emphasis on empowering women and youth to actively participate in the economy and foster inclusive growth.
- Strategies for implementing sustainable reforms and encouraging public-private partnerships to enhance the business environment.
The Regional Vice President of IFC Africa, Sergio Pimenta, sat down for an exclusive interview with CNBC Africa's Godfrey Mutizwa to delve into the critical focus areas and initiatives shaping the future of the African continent. The discussion revolved around the pivotal role of the private sector, the empowerment of youth and women, and the implementation of sustainable reforms. The conversation took place against the backdrop of the IMF and World Bank Group annual meetings in Marrakech, highlighting the importance of leveraging the private sector to foster development and drive impact in Africa. Pimenta emphasized the need for collaboration between governments, financial institutions, and the private sector to facilitate growth and create opportunities that benefit all segments of society.
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