The OPIC Blog

Archive for the 'Events' Category

U.S. Department of Commerce highlights historic U.S.-Africa Business Forum and the significant gains for Africa-U.S. business ties

Under Secretary of Commerce for International Trade and new OPIC board member Stefan M. Selig recently wrote a guest post for the U.S. Department of Commerce’s blog that highlights the first-ever U.S.-Africa Business Forum, which convened American and African business leaders with the heads of nearly 50 African nations. The purpose of the event was to foster the exchange of Read more…

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Highlights from the U.S.-Africa Leaders Summit

“What some say is a problem is actually a massive investment opportunity,” Nigeria’s Minister of Power Chinedu Nebo stressed at the U.S.-Africa Leaders Summit last week, discussing the widespread lack of energy access across the continent. His words echoed those of OPIC President and CEO Elizabeth Littlefield who previewed the historic summit in the Baltimore Sun, writing that while “casual Read more…

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Seeking to build on momentum of recent days, OPIC hosts high-speed networking event for African businesses

In an effort to build on the momentum of recent days that saw billions of new investment committed to Africa, OPIC on Wednesday hosted multiple American and African businesses, as well as representatives from other U.S. Government Agencies for a high-speed networking event to discuss ways the U.S. could support infrastructure projects in Africa. Officers from OPIC’s financing, political risk Read more…

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“Energy prosperity can replace energy poverty:” NPR highlights Power Africa and OPIC’s latest commitment

National Public Radio featured the African Leaders Summit and President Obama’s Power Africa initiative this week in a story that highlighted OPIC’s latest Power Africa project, its $50 million commitment to the 450-megawatt Azura-Edo natural gas power plant in Nigeria. Power Africa aims to double the number of people in Africa who have access to power and this week’s summit Read more…

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Committing to continued investment in Africa

OPIC President Elizabeth Littlefield signs a memorandum of understanding on August 4 with Mohamed El Kettani (right), Chairman and CEO of Morocco’s Attijariwafa Bank; and Thomas McCaffery (left), Wells Fargo executive vice president, expressing their interest in deepening cooperation to expand lending to small and medium enterprises in Morocco and other African countries. The MOU was one of multiple signed Read more…

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“The continent of greatest opportunity this century”

OPIC President Elizabeth Littlefield spoke Aug. 3 at a reception co-hosted by OPIC and the Millennium Challenge Corporation to kick off the Africa Leaders Summit. Littlefield described the significant growth Africa has seen over the past decade and outlined the work necessary to build on that momentum and ensure that all Africans benefited. Other speakers, from left, were Senator Chris Read more…

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Baltimore Sun features Elizabeth Littlefield on African investment opportunity

“Casual political observers often focus on Africa’s natural resources, mineral wealth and conflicts as a strategic concern, but Africa is a massive and rapidly growing consumer market that is more fully appreciated by strategic investors with each passing day,” OPIC President and CEO Elizabeth Littlefield writes in the Baltimore Sun, August 1, ahead of next week’s U.S.-Africa Leaders Summit in Read more…

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Africa at a glance

Ahead of the historic summit of African leaders that will take place in Washington from August 4-6, take a look at some key facts about Africa that illustrate the challenges and opportunities the continent faces today, and the ways OPIC is helping Africa prepare for the future.   People: The median age in Africa today is 19 and the population Read more…

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“The Lab:” A multinational innovation for a global challenge

  OPIC President and CEO Elizabeth Littlefield traveled to London in June to join the launch of the Global Innovation Lab for Climate Finance, a group of public and private sector leaders from around the world brought together by the Climate Policy Initiative (CPI). “The Lab” is a public-private initiative that seeks to leverage the tools of private investment to Read more…

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Momentum builds around the world for Power Africa initiative

OPIC President and CEO Elizabeth L. Littlefield will join a large group of senior U.S. and African officials this week at the U.S.-Africa Energy Ministerial (AEM) in Addis Ababa, Ethiopia to talk about the progress that has been made to date on President Obama’s Power Africa initiative and the path forward. The event is one of a series of gatherings Read more…

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