The U.S. International Development Finance Corporation DFC announced Selam Demissie as the new Regional Managing Director based in Kenya on the margins of U.S. Deputy Secretary of State Christopher Landau's visit to the region.
In this position, Ms. Demissie will oversee projects that advance market-driven growth and strengthen U.S. economic partnership in the region through DFC's full suite of financial products. She will build on the work of the DFC's East Africa Investment Advisor by leveraging existing research, relationships, and investment pipelines to refine and expand strategies that attract, retain, and support investors across priority sectors.
"Kenya is a strategic partner and a regional anchor for advancing U.S. interests in East Africa. A strong DFC presence in Kenya is critical to sourcing investment opportunities that benefit both nations and deepen our bilateral partnership. With DFC's expanded investment capacity and powers under reauthorization, we are strengthening our ability to advance U.S. foreign policy and economic development through more ambitious investments."