NAIROBI, Kenya, May 11—Makhtar Diop, Managing Director of International Finance Corporation, a member of the World Bank Group, will visit Nairobi on May 11-12.
He will lead the World Bank Group’s Delegation to the high-level summit Africa Forward: Partnerships between Africa and France for Innovation and Growth, which will bring together heads of state and government to deepen partnerships between Africa and France.
The summit will provide a platform for governments, international organizations, the private sector, entrepreneurs, and civil society to co-develop ways to mobilize the private sector to achieve sustainable impact, rethink the financial architecture of development in Africa, and promote and deepen partnerships and coordination across the continent.
While in Kenya, Diop will also meet with several heads of state, government ministers, and private sector partners to identify ways the World Bank Group (WBG) can help drive growth, foster job creation, and further the development goals of its partner nations.
As the largest development finance institution in Africa, IFC committed $15.3 billion in 2025, including mobilization from third-party investors.
Its investment and advisory work in Africa targets WBG’s priority sectors with the greatest potential for job creation and skills development, including strategic infrastructure, agribusiness, manufacturing, health, tourism, and a special focus also on sports and creative industries.