IFC chief visits Morocco to bolster regional economic ties

Makhtar Diop, head of the International Finance Corporation (IFC), is set to visit Morocco from June 17 to 20, accompanied by Ethiopis Tafara, IFC’s Vice President for Africa. The visit is part of an ongoing effort to deepen the longstanding relationship between the IFC and the Kingdom.

During their stay, the delegation will meet with key government officials and private sector leaders to explore opportunities across several high-impact industries. Conversations are expected to focus on sectors considered vital to Morocco’s development, including sustainable agriculture, infrastructure, manufacturing, services, and the creative and cultural industries.

A central theme of the visit will be regional integration, as the IFC looks to reinforce Morocco’s position as a strategic economic hub for Africa. By strengthening ties with both public and private partners, the IFC aims to accelerate the country’s role in driving broader continental growth.

The organization’s connection to Morocco spans more than sixty years. Over that time, the IFC has invested more than $5 billion in transformative projects throughout the country. In 2024 alone, the corporation reached a global milestone, committing $56 billion to development projects in emerging economies. Despite the growing scale, its mission remains unchanged: to support private enterprise as a catalyst for inclusive and sustainable economic progress.