IFC opens its office in Lomé tomorrow

Economic governance
Wednesday, 30 October 2019 13:24
IFC opens its office in Lomé tomorrow

(Togo First) - As announced last July by its vice-President for Africa and the Middle East, Sergio Pimenta, the International Finance Corporation will open its offices in Togo this Thursday.

The opening ceremony will be chaired by Togolese Prime Minister, Komi Selom Klassou, and Pimenta. It will also gather various top public figures, representatives of the private sector, as well as technical and financial partners.

Opening the office translates the IFC's ambition "to be closer to local businesses and help authorities achieve their goals," as stated by Pimenta during his visit some months ago.

Let's recall that the IFC, World Bank's private sector arm, is active in Togo with a portfolio of more than $330 million. Its investments cover sectors like energy, financial markets, logistics, and health. The institution also advises the government on how to improve its business environment and attract more investors.

Octave A. Bruce

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