IFC seeks ways to support private sector

IFC, a member of the World Bank Group, recently convened key stakeholders in Gaborone to support new approaches to private sector development and encourage increased investment in the country.

IFC officials considered with business executives, government officials and regulators, development partners and civil society how they work together to better support Botswana’s national development objectives consistent with the World Bank Group’s country strategy.

Sectors covered during the presentations included financial markets, infrastructure, mining, manufacturing, agribusiness. IFC provides investment and advice to promote private investment. Saleem Karimjee, IFC Country Manager for Southern Africa, said: “The private sector is indispensable to development in emerging markets like Botswana, but requires commitment and strategic focus to take advantage of the opportunities. IFC provides financial capital, technical expertise, global experience, and innovative thinking to assist its partners overcome financial and operational challenges.”

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