06/03/2018 – News / IFC / World Bank Group / Africa / Tunisia
IFC’s VP for the Middle East and Africa visits Tunisia to discuss entrepreneurship and private sector development
Sérgio Pimenta, Vice President for the Middle East and Africa for IFC – a member of the World Bank Group – has arrived in Tunis today for a series of high-level talks with senior representatives of the government, the Central Bank and the private sector.
Mr Pimenta will also meet a number of key figures from the Tunisian business community, including leading private equity fund managers, and will host a roundtable and dinner with a number of private sector representatives. He will also chair a round-table discussion with Flat6Labs – a start-ups incubator – and young entrepreneurs to discuss the business environment and the digital ecosystem in Tunisia.
As Vice President for the Middle East and Africa, Mr Pimenta is in charge of all of IFC’s advisory and investment operations in a region, with over 600 staff and a committed portfolio of US$20 billion, including mobilisation.
IFC's work is designed to help to address the region's most pressing development challenges. By partnering with private sector companies, it aims to promote job creation, increase access to finance, and support up-and-coming entrepreneurs.
In FY17, IFC delivered a record US$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.