Dakar, Senegal — IFC has appointed Olivier Buyoya as Regional Director for West Africa. In his new role, Mr. Buyoya, who will cover 13 countries in the region, will lead IFC’s strategy and activities to support private sector development and the creation of opportunities.
Mr. Buyoya will work closely with the World Bank, development partners, and public and private sector actors to strengthen IFC’s investment and advisory programs in this high-potential region. investment, job creation and growth, but also faces a number of challenges, including inflation, food insecurity and climate change.
A Burundian national, Mr. Buyoya has held various leadership positions during his 15-year career at IFC and will bring his extensive experience in the field of international development to bear in his new position which will be based in Dakar, Senegal.
Prior to taking up his new role, Mr. Buyoya was IFC’s Regional Representative for Burkina Faso, Côte d’Ivoire, Guinea, Mali and Niger, a position in which he oversaw the implementation of impact development and helped IFC mobilize $2 billion in investments.
“I am excited to take on this new role and look forward to helping strengthen IFC’s support in West Africa, a dynamic region with immense potential,” Mr. Buyoya said. “Although West Africa faces local and global challenges, countries in the region can be helped to build stronger and more sustainable economies by boosting private sector investment, including in key sectors such as agriculture, green energy and the digital economy. »
“Olivier Buyoya’s personal and professional skills are a real asset for this important position. I am convinced that he will actively contribute, as the new Regional Director for West Africa, to the realization of projects that will support the development of the private sector and the creation of opportunities, in all the 13 countries. it will cover,” said Sérgio Pimenta, IFC Vice President for Africa.
Prior to joining IFC, Mr. Buyoya worked for BNP Paribas Fortis in Brussels, Belgium. He holds a master’s degree in management from Reims Management School in France.
In West Africa, IFC works to support agribusiness value chains, fill infrastructure and connectivity gaps, promote digital inclusion, support access to affordable housing, to strengthen the health sector, to promote the development of the manufacturing industry and to increase financing for micro, small and medium-sized enterprises.
IFC
The International Finance Corporation (IFC), a member of the World Bank Group, is the leading private sector-focused development institution in emerging markets. It is active in more than 100 countries and dedicates its capital, skills and influence to creating markets and opportunities in developing countries.
In fiscal 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, mobilizing private sector capacity to end corruption. extreme poverty and promote shared prosperity in economies grappling with the consequences of a combination of global crises.
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