IFC’s Vice President for Africa, Sérgio Pimenta, to Visit Zambia

​Lusaka, Zambia, December 8, 2023 - Sérgio Pimenta, IFC's Vice President for Africa, will visit Lusaka, Zambiafrom December 11 to 12 to attend the government-hosted Private Sector Day.

Accompanied by members of IFC's leadership team for Africa, Mr. Pimenta will hold talks with senior government officials and key private sector leaders. Mr. Pimenta will discuss with partners new avenues and opportunities for economic cooperation, trade, and investment to support sustainable economic growth and job creation in Zambia.

IFC has been growing its investment and engagement in Zambia. The corporation has a committed portfolio of $176.6 million across 12 investment projects and $9 million across seven advisory projects. IFC projects span various sectors including financial services, agribusiness, manufacturing, tourism, real estate, infrastructure, and telecommunications.

WHO:               Sérgio Pimenta, Vice President for Africa, IFC - @SPimentaIFC

WHEN:              Monday, December 11, 2023 – Tuesday, December 12, 2023                   

WHERE:           Lusaka, Zambia

For media requests, please contact:

Devon Maylie | dmaylie@ifc.org | +1 202 948 6397

About IFC

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

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Sérgio Pimenta

IFC's Vice President for Africa

Sérgio Pimenta is IFC's Vice President for Africa. In this capacity, he is in charge of all investment, and advisory operations in a region with a committed portfolio of $13.3 billion and more than 800 staff working to expand the private sector's role in addressing urgent development challenges in the financial, manufacturing, agribusiness and services, and infrastructure industries.

Previously, Mr. Pimenta was Director and Global Head of Industry—Manufacturing, Agribusiness, and Services at IFC, managing all operations in these sectors worldwide. Mr. Pimenta also served for three years as IFC's Regional Director responsible for East Asia and the Pacific, based in Hong Kong.

Earlier in his career at IFC, Mr. Pimenta held senior managerial positions in the manufacturing, agribusiness, and services sectors in the Asia Pacific region, the Middle East and North Africa, and Washington, DC.

Prior to joining the World Bank Group through its Young Professionals Program in 1996, Mr. Pimenta worked for the Treasury Department of the French Ministry of Finance, as well as for Banque Nationale de Paris (BNP).

A Portuguese and French national, Mr. Pimenta holds an engineering degree from the École Polytechnique, Paris, and a post-graduate degree from the École Nationale des Ponts et Chaussées, Paris.