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Featured photo: Improving health services in Albania

November 14, 2014

Technicians at the American Hospital in Albania conduct lab tests on modern equipment not available in many of the country’s public hospitals. The healthcare sector in Albania, one of Europe’s poorest counties, has struggled in recent years and routine procedures such as dialysis and laboratory analysis were largely unavailable to the general population. The American Hospital has been able to
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Business climate improves in many African countries but access to electricity remains a challenge

November 06, 2014

Doing business in Africa is not always easy, but the business climate is improving in many African countries, the World Bank’s latest Doing Business report shows. The latest version of the Bank’s widely-watched report shows that many countries in Sub-Saharan Africa have adopted reforms related to starting a business, protecting investors, paying taxes and registering property. Five of 10 countries listed
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OPIC In New Jersey: A Look At How OPIC Investments Support Multiple Businesses

September 23, 2014

OPIC hosts its final Expanding Horizons workshop of the year September 23 in Trenton, New Jersey, where small businesses will gather to learn more about the benefits of expanding into developing markets overseas. OPIC has been hosting these events around the country for several years, as part of its effort to educate small businesses about the finance and insurance tools
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Africa rising: Survey shows dramatic improvements for investors

June 25, 2014

Africa has risen to become the second most attractive investment destination in the world, Ernst & Young’s latest Africa attractiveness survey shows. This year’s survey, which measures foreign direct investment into the continent as well as investors’ perceptions and actual investment levels, showed that Africa and Asia are tied in second place, just behind North America as the world’s best
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“My unique connection to Power Africa:” OPIC’s Alemayehou featured in USAID newsletter

March 27, 2014

In the summer of 2013, President Obama announced the Power Africa initiative, designed to help African countries responsibly develop extensive energy resources with the aid of private sector investors. OPIC committed up to $1.5 billion in financing to support this endeavor, in keeping with the agency’s longstanding history of supporting projects in Sub-Saharan Africa. OPIC Executive Vice President Mimi Alemayehou,
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Spotlight on OPIC Impact Award winners: Ellicott Dredges

March 20, 2014

Small businesses comprise the majority of all firms in the U.S. economy, and are powerful engines of job creation at home as well as drivers of development, innovative solutions, and economic efficiency in scores of developing nations. Small businesses can also face far tougher challengers than established multinationals when they do business abroad, so it is both fitting and instructive
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Spotlight on OPIC Impact Award winners: SunEdison

March 19, 2014

On a quiet plain in the rural center of South Africa sits a small town called Boshof. It’s far from the bustling cities of Cape Town and Johannesburg, and hundreds of miles from the dramatic, hilly coastline of the Cape of Good Hope. But Boshof, in the country’s underdeveloped Free State, is the site of a major project to generate
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OPIC’s Impact Awards: A recap in photos

March 12, 2014

OPIC’s March 11 inaugural Impact Awards ceremony was a big success and helped us highlight the ways our clients are making a difference around the world. In this post we showcase the winners. Global Partnerships: Access to Finance Award OPIC loan recipient Global Partnerships, one of the three clients awarded the Access to Finance award, facilitates small microfinance loans in
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OPIC-supported Siraj Investment Fund recognized for excellence

February 26, 2014

The Siraj Fund Management Company recently received EMEA Finance Magazine’s award for “Best Asset Manager in Palestine” for the year 2013. The Siraj Palestine Fund I, a $90 million fund based in Ramallah, is supported in part by a $30 million commitment from OPIC. The fund was established in 2011 for the purpose of investing in small and medium-sized West
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Getting to dawn in Sub-Saharan Africa: OPIC’s Whalen on the changing investment climate on the continent

January 22, 2014

OPIC Vice President, Structured Finance, Michael Whalen wrote about Africa’s energy deficit in Project Finance International’s 2014 Yearbook, where he said that an improving investment climate and the U.S. Power Africa initiative have created momentum for increased electrification “after years of missed opportunities.” “For a long time global appetite for project finance in Africa was strongly concentrated in natural resource
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