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IFC Managing Director Makhtar Diop to visit Ghana for investment talks

The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, will visit Ghana from September 15 to 17, 2026, to engage government and private sector leaders on ways to increase private investment and support the country’s development priorities. The visit will focus on how the World Bank Group can help mobilise private capital, strengthen […]

IFC Managing Director Makhtar Diop to visit Ghana for investment talks

International Finance Corporation (IFC) Managing Director Makhtar Diop will embark on a three-day visit to Ghana from September 15 to 17, 2026. The trip aims to hold discussions with government and private sector leaders to boost private investment and aid the nation's development goals. The focus will be on mobilising private capital, enhancing businesses, improving financial access, and generating more and better jobs in Ghana.

Diop is set to converse with top government officials and interact with business owners, entrepreneurs, civil society groups, academic institutions, and members of the creative sector. The talks will delve into challenges and possibilities influencing private sector expansion, competitiveness, and investment, with special focus on agribusiness, education, youth employment and skills training, financial access, industrial development, renewable energy, and the creative economy.

The IFC also plans to hold high-level meetings and announce partnerships to support investments in key sectors and bolster domestic businesses and value chains. The corporation's presence in Ghana has been centered on assisting businesses, strengthening local value chains, and broadening financial access for farmers, entrepreneurs, women-led enterprises, and other underprivileged groups.

Recent actions include providing funding to boost credit across the cocoa industry and enhance food security, as well as investments in manufacturing, recycling, renewable energy, and industrial infrastructure. The IFC has allocated $670 million through its own resources and mobilisation in Ghana for fiscal year 2026, a sharp rise from the $61 million committed in fiscal year 2021.

This surge is attributed to the corporation's escalating role in harnessing private investment to bolster Ghana's economic growth. The International Finance Corporation, a World Bank Group entity, is the world's largest private sector-focused development institution in emerging markets. It operates in over 100 nations, leveraging capital, expertise, and influence to establish markets and opportunities in developing economies.

In fiscal year 2025, the IFC invested a record $71.7 billion in private firms and financial bodies in developing countries, including through mobilising private capital. The corporation's mission revolves around fostering private-sector-led development and generating opportunities in developing countries.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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