GIS – 02 April 2025: The International Finance Corporation’s (IFC) commitment to fostering private sector growth in Mauritius was at the forefront of discussions during a courtesy call the IFC Regional Director for Southern Africa, Ms Cláudia Conceição, had on the Prime Minister, Dr Navinchandra Ramgoolam, this afternoon at the New Treasury Building in Port Louis. She was accompanied by the World Bank Resident Representative, Mr Sjamsu Rahardja.
In a statement Ms Conceição described the meeting with the Prime Minister as very positive and highlighted the IFC’s role as the private sector arm of the World Bank. She emphasised the need to create a more enabling environment for private sector participation and to position Mauritius as a channel for investment in the African continent while mobilising private sector investment locally.
Moreover, Ms Conceição said that discussions revolved around sectors where the IFC could make an impact, including improving transport and connectivity to and from Mauritius, supporting the transition from coal to renewable energy, and enhancing the regulatory environment to maintain the country’s investment rate.
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: gis@govmu.org Website: https://gis.govmu.org Mobile App: Search Gov
