The U.S. International Development Finance Corporation (DFC) has announced it plans to open an office in Nairobi.
This announcement was made during the recent tour of President William Ruto to the U.S, playing a key role in driving its pipeline development across key sectors in Kenya such as agriculture, health, e-mobility, energy, infrastructure, and financial inclusion, including on-lending to small and medium sized enterprises and women entrepreneurs.
“The trade and investment partnership between the United States and Kenya is driving our shared prosperity, generating well-paying jobs, expanding economic growth, protecting the rights of workers, and spurring new innovations with global benefits. This partnership spans the full spectrum of large to small businesses. Both countries are partnering with the private sector to further strengthen these economic ties, including in the critical areas of clean energy technology, agriculture, and affordable housing,” the Whitehouse noted.