The OPIC Blog

Featured Photo: Liberian President visits OPIC

Liberian President Ellen Johnson Sirleaf on June 1st visited OPIC, where she spoke about the country’s recovery from the Ebola crisis and its longstanding development goals and progress. Sirleaf, pictured here with OPIC President and CEO Elizabeth L. Littlefield, held an informal Q&A with OPIC staff and discussed the need for more infrastructure throughout Africa, the important role diaspora investors Read more…

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OPIC to honor seven clients making a positive impact in emerging markets

OPIC is proud to recognize some of our outstanding partners with our 2016 OPIC Impact Awards for excellence in development. The awards, which will be presented on July 7, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in critical infrastructure, healthcare, education, agriculture, renewable energy, access to finance and other sectors are making a positive Read more…

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Featured Photo: Expanding access to healthcare in Nigeria

Doctors at a Cedarcrest Orthopedic Clinic in Abuja show some of the advanced equipment at the facility, which has been expanded with the support of OPIC financing. At a time when limited healthcare has led many Nigerians to seek medical care in the U.S. or Europe, Cedarcrest is providing modern facilities in Abuja and Lagos that offer advanced surgical procedures. Read more…

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OPIC partners pay back: American International School of Abuja

(Part 4 in an ongoing series) In 2006, OPIC committed a $3,250,000 loan to support the construction of a new campus for the American International School of Abuja (AISA), a day school educating Nigerian and international students from preschool to grade 12 in Nigeria’s capital. Last year, AISA joined a long list of OPIC partners to repay their loans in Read more…

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OPIC’s Webb describes investment successes in vulnerable countries

Tracey Webb, OPIC Vice President, Structured Finance and Solutions, spoke on a panel on Energy Development May 19 at the Center for Strategic and International Studies, where she said many of OPIC’s most successful projects have been in the world’s most vulnerable countries. “Over our history, the power projects that have performed the best have actually been in the more Read more…

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Featured Photo: Homework continues after the sun goes down

Two students in India continue working on their homework after the sun goes down with the use of Greenlight Planet’s portable solar light. OPIC provided a $5 million in financing to help Greenlight Planet introduce affordable solar lighting and phone charging stations in emerging markets around the world. Chicago-based Greenlight Planet has its roots in the University of Illinois, where Read more…

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The words say it all: OPIC’s team describes OPIC

Creative. Collaborative. Nimble. Efficient. Effective. Innovative. These are some of the words OPIC’s employees used most often to describe the Agency last year, a year in which we ranked one of the best places to work in the federal government. OPIC’s 2015 annual report features this word cloud that reveals a development agency with a clear and effective mission and Read more…

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Survey shows measured optimism for investing in emerging market private equity

More than two-thirds of global limited partners plan to maintain or increase their commitments to emerging market private equity funds, with Southeast Asia, India and Sub-Saharan Africa generating the most interest, a new survey shows. The Global Limited Partners Survey from the Emerging Market Private Equity Association (EMPEA) showed that investors who planned to increase investments were motivated not only Read more…

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Featured Photo: Bringing much needed power to Senegal

Workers lay the groundwork for a 53 MW power facility in Senegal, which is being built with the support of up to $100 million in OPIC financing.  The project is OPIC’s first financing of grid-connected power project in Senegal, and one of several power generation projects OPIC is supporting as part of the U.S. Power Africa initiative, aimed at doubling Read more…

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A vision of growth in West Africa

ContourGlobal’s Cap des Biches power plant in Senegal. Credit: U.S. Embassy Dakar By: Subha Nagarajan, OPIC Managing Director of West and Central Africa Over the past two years, African countries have enacted many reforms to improve the business climate. And as the site of so many of the world’s low-income countries, Africa is a region with growing focus for the Read more…

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