IFC appoints Ethiopis Tafara as Vice President for Africa
In this role, Tafara will lead IFC’s investment and advisory efforts across Africa.
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The International Finance Corporation (IFC) has announced Ethiopis Tafara as its Vice President for Africa. In this role, Tafara will lead IFC’s investment and advisory efforts across Africa.
A US national of Ethiopian origin with significant experience in senior development roles, Tafara previously served as the Vice President, Chief Risk, Legal & Sustainability Officer and Partnerships for the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) and as Vice President and General Counsel for IFC.
As IFC’s new Vice President for Africa, Tafara will lead a team of nearly 800 staff and oversee a growing investment portfolio of $17 billion.
Makhtar Diop, IFC managing director, said, “I am thrilled to welcome Ethiopis to this role, knowing his deep and long-standing commitment to Africa’s development and his unique skillset are well-suited to support Africa’s development pathways. I have worked closely with Ethiopis over the years and look forward to the insights, acumen, and passion he will bring to his work supporting private sector-led growth and job creation on the continent.”
Tafara said, “I am equally honored and excited to have been appointed to this position and am eager to expand upon the excellent work IFC and our partners have been achieving across the region. Africa’s is an increasingly important voice on the global stage, and though challenges persist, the opportunities are even greater, and the continent’s private sector and entrepreneurs are more dynamic than ever before.”
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