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#SheBuilds: Investing in women is an investment in global development

April 11, 2014

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation On April 10, the Millennium Challenge Corporation, Devex and Vital Voices held the #SheBuilds Twitter chat, aimed at engaging development practitioners, stakeholders and the public on the many reasons why gender integration and investing in women and girls is absolutely crucial to development. As Vital Voices pointed
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Featured photo: Rwanda 20 years later

April 11, 2014

In February, OPIC President and CEO Elizabeth Littlefield visited Rwanda’s Genocide Memorial while leading a delegation to meet with investors and government leaders. In this recent blog post, Littlefield described the country today and OPIC’s efforts to support private sector investment there.

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Spotlight on OPIC Impact Award winners: ContourGlobal

April 02, 2014

Over the course of four decades addressing major world development challenges, OPIC has focused on different sectors, but infrastructure has been a constant. Power plants, airports and clean water facilities literally lay the foundation for future improved living standards, business activity, and overall economic growth and stability. At its March 11 Impact Awards, OPIC awarded the Critical Infrastructure Award to
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OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

March 31, 2014

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received an award from Project Finance International, which named SunEdison’s San Andres facility the Latin American Solar Deal of the Year for 2013.
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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: Helios Investment Partners

March 26, 2014

In addition to the direct financing OPIC provides to many projects in emerging markets, the Agency also supports development by providing financing to privately-owned and managed equity funds investing in emerging markets. These funds serve multiple roles from providing capital to up-and-coming companies and guiding strategic decisions in rapidly changing markets to advising on best practices in management and information
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OPIC board approves six deals in sectors from renewable resources to small business lending

March 20, 2014

OPIC’s Board of Directors approved commitments of OPIC support to the following projects at its March 20 meeting: Risk-sharing agreements to support Citi lending in developing countries. Two risk-sharing agreements designed to provide OPIC guarantee of loans made by Citibank to borrowers in OPIC-eligible countries around the world for both commercial lending and microfinance loans. OPIC’s guarantee limit through the
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Featured Photo: ContourGlobal’s Togo power plant, winner of OPIC’s Impact Award for Critical Infrastructure

March 14, 2014

Inside the 100 megawatt Lomé Thermal Power Plant in Togo, which was completed in 2010 with the support of OPIC financing and political risk insurance. The project was one of the largest investments ever made in the Republic of Togo and it succeeded in tripling the country’s energy generation capacity and significantly reducing rolling blackouts. During the Impact Awards ceremony
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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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Spotlight on OPIC’s Impact Award in the American small business category

March 07, 2014

The inaugural OPIC Impact Awards event, set to take place next Tuesday, will highlight exceptional projects across six categories, including Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity, and American Small Business. This post, the final in the series, spotlights American Small Business. In supporting U.S. private sector investment in emerging markets, OPIC works with businesses of all sizes
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