IFC has announced, on April 4, the appointment of the Ivorian Mehita Fanny as Country Manager for Comoros, Eswatini, Madagascar, Mozambique, and Seychelles. Her appointment took effect on April 1, 2024 and she is based in Maputo.
In her new role, Mehita 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.
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.
To drive economic growth
Mehita 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.
Cláudia Conceição, IFC Regional Director for Southern Africa said: “We are thrilled that Mehita has accepted the assignment to oversee IFC’s Mozambique cluster. 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.”
Mehita Fanny said: “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. 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.”
Public-Private Partnerships expert
Prior to her appointment, she was the Regional Manager for IFC’s Public-Private Partnership (PPP) division business in Europe and Central Asia. The PPP division advises governments in designing and bringing to market commercially robust PPP projects that provide high quality, affordable, and efficient infrastructure and social services to the public. Mehita has successfully worked on complex and impactful transactions in diverse sectors: transport (ports, logistics platforms and roads); energy, health, and water. Prior to this role, Mehita was the IFC Country Manager for the Central Africa Region for five years covering eight countries.
Prior to this role, Mehita was the IFC Country Manager for the Central Africa Region for five years, overseeing IFC’s activities in eight countries in that region.
21 years’ experience at IFC
Mehita Fanny joined IFC in 2003 with 12 years of professional experience (Audit and Advisory with Arthur Andersen & Co; Head of the Strategy Department at National Oil Company of Côte d’Ivoire; and with the Africa Project Development Facility-APDF), a joint initiative of the United Nations Development Programme (UNDP), the African Development Bank Group (AfDB) and the International Finance Corporation (IFC).
Mehita 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.
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. IFC works in more than 100 countries, using 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.
