Paris, France, November 9, 2017
—IFC, a member of the World Bank Group
and the largest global development institution focused on the private sector in emerging markets, announced that it will be the co-host of the AFRICA CEO FORUM. The next edition of the largest international meeting dedicated to the African private sector will take place March 26-27, 2018, in Abidjan, Côte d’Ivoire.
The partnership with the AFRICA CEO FORUM highlights IFC’s new strategic orientation on creating markets, which includes placing Africa’s development at the heart of its priorities. “IFC is more focused than ever on leading development in Africa by creating markets and mobilizing significantly more private investment,” says Philippe Le Houérou, CEO of IFC.
The growing participation of public decision-makers at the AFRICA CEO FORUM will provide a major platform for public-private dialogue. “The Africa CEO Forum brings major investors together to debate the region’s toughest development challenges. By expanding our role in the Forum, IFC will deepen strategic relationships and encourage public-private dialogue that can lead to greater opportunities for private investors in Africa,” says Cheikh Oumar Seydi, the IFC Regional Director for Sub-Saharan Africa.
As co-host of the AFRICA CEO FORUM, IFC will bring its expertise on the subjects, in connection with its strategic priorities, which will be at the center of discussions such as development of capital markets, women leadership, the rise of private education, financing start-ups, improvement of good governance or youth employment.
“This partnership comes at a time and in an international context that’s favorable to mobilizing private investment in Africa. At the next edition of the AFRICA CEO FORUM, we will welcome a “Compact with Africa” session that will bring together economy and finance ministers from the 10 signatory African countries and the continent’s most influential economic decision-makers,” says Amir Ben Yahmed, president of the AFRICA CEO FORUM.
Follow the event on social media #ACF2018.
About AFRICA CEO FORUM
The AFRICA CEO FORUM is an event organized by Jeune Afrique Media Group, publisher of Jeune Afrique and The Africa Report, and by rainbow unlimited, a Swiss company specialized in organizing economic promotion events. With the success of the 2017 edition, which welcomed nearly 1200 African and international personalities, the AFRICA CEO FORUM has established itself as the definitive international event of reference concerning issues of the development of Africa and its businesses in a high-quality professional environment conducive to business meetings.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit
www.ifc.org
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