On March 12, Rwanda's Prime Minister Justin Nsengiyumva held a critical meeting with Ethiopis Tafara, the Vice President for Africa at the International Finance Corporation (IFC). The meeting aimed to strengthen collaboration between the Rwandan government and the IFC in order to boost private sector investment in the country. It highlighted ongoing discussions about the IFC's projects and initiatives in Rwanda, particularly as they relate to the World Bank Group's Country Partnership Framework for the period 2026-2035.

The Country Partnership Framework, which is set to guide collaborative efforts from July 2026 to June 2035, aims to support Rwanda's ambitious development plans, prominently focusing on the National Strategy for Transformation and Vision 2050. The involvement of the IFC is seen as pivotal, given its commitment to stimulating economic growth through private sector investments. Prime Minister Nsengiyumva emphasized the importance of enhancing these investments as a means to fuel Rwanda's development agenda.

Tafara's visit to Rwanda from March 12-13 is significant as it marks his first trip to the nation in his capacity as IFC Vice President for Africa. The discussions during this visit are likely to lay the groundwork for future collaborations and project implementations that align with Rwanda's development strategy. According to the Office of the Prime Minister, the engagement with Tafara underlines Rwanda's proactive approach to international partnerships aimed at improving the business environment and fostering economic growth through private sector involvement.