Maputo, Mozambique, April 4, 2024 - IFC has announced the appointment of Mehita Fanny as Country Manager for Comoros, Eswatini, Madagascar, Mozambique, and Seychelles.

In her new role, Fanny will oversee IFC's activities across the five countries while managing a multidisciplinary team of investment, advisory services, and support staff on the ground. Her appointment took effect on April 1, 2024.

Fanny will work with public and private sector partners to magnify IFC's efforts to drive economic growth and boost shared prosperity across the region. Her focus will be on supporting development in the infrastructure, energy, agribusiness, forestry, and financial sectors, among others.

"We are thrilled that Mehita has accepted the assignment to oversee IFC's Mozambique cluster," said Cláudia Conceição, IFC Regional Director for Southern Africa. "Having had various roles at IFC for the past 20 years, Mehita brings a valuable breadth and depth of experience and is well-positioned to implement IFC's strategy to unlock sustainable economic growth in Mozambique."

"I look forward to helping address the region's development challenges and working with the wide range of talented World Bank Group colleagues to determine the best private sector-led solutions," said Fanny. "This is an exciting time to form partnerships in Mozambique, and across the cluster, a region on the cusp of an exhilarating period of growth and innovation."

Prior to this role, Fanny worked as IFC's Regional Manager of Public-Private Partnerships (PPP) Advisory in Europe, helping lead the business in advising European governments on robust sustainable infrastructure, and social service-related PPP projects. Before that, Fanny served as Country Manager in Central Africa, overseeing IFC's activities in eight countries in that region. She joined IFC in 2003.

A national of Cote d'Ivoire, Fanny holds a master's degree in economics from the National University of Côte d'Ivoire and a business degree from ESSEC Business School, France. In her new role, Fanny is based in Maputo.

IFC is a strong partner of governments and the private sector across southern Africa, deploying investments and advisory services in the region to support a range of sectors that contribute to job creation, poverty reduction, and sustainable economic growth. In fiscal year 23, IFC committed $11.5 billion in investments across Africa.

About IFC

IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

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