The OPIC Blog

Archive for the Africa Tag

SLIDESHOW: OPIC visits Senegal and Côte d’Ivoire

Last month, OPIC President and CEO Elizabeth L. Littlefield led a delegation of American business leaders and CEOs on an investor tour of West Africa which included meetings with local governments, visits to OPIC-supported projects, and the opening of OPIC’s new office in Abidjan.     Africa: The next clean energy powerhouse. At the Africa CEO Forum in Abidjan, OPIC Read more…

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PODCAST: Elizabeth Littlefield remarks on meeting with Senegal Prime Minister Mohammed Dionne

Last week, OPIC President and CEO Elizabeth Littlefield traveled to West Africa with a group of investors to discuss opportunities for the region and announce a new regional OPIC office located in Abidjan. While visiting Senegal, Ms. Littlefield met with the Prime Minister Mohammed Dionne to discuss the business climate and the diversity of projects that can provide sustainable high-quality Read more…

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Featured Photo: Elizabeth Littlefield meets with Ivorian President Ouattara

OPIC’s president and CEO, Elizabeth Littlefield met with the Côte d’Ivoire President Alassane Ouattara, on March 22nd to discuss growth and investment opportunities. Littlefield was in the country for the opening of OPIC’s regional office for West Africa, located in Abidjan, where she also attend the Africa CEO Forum. To recognize the office’s opening, Littlefield, along with a team from Read more…

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Advancing development by investing in microfinance: OPIC’s Richard Greenberg explains

OPIC, which has actively supported microfinance investment for more than a decade, recently announced that it has surpassed the $1 billion mark in financing to support microfinance projects around the world. Here, Richard Greenberg, OPIC Managing Director, OPIC Micro and SME Finance, discusses the important role microfinance places in OPIC’s development mission, and why OPIC financing plays an important role Read more…

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OPIC’s Dia Martin speaks at conference for African entrepreneurs

Dia Martin, Director of OPIC Social Enterprise Finance, spoke at a panel, Building the Glocal Ecosystem: Bridging the Divide, at the Sankalp Africa Summit February 26th in Nairobi. Sankalp is a gathering of entrepreneurs, innovators, donors and investors, and Martin spoke at the event about OPIC’s commitment to impact investing in Africa, and the Portfolio for Impact program focused on Read more…

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Electricity supply unreliable even for many grid-connected Africans

A new survey of electricity access across Africa shows the regions where energy poverty is most severe and also highlights the fact that many households that are grid-connected still lack consistent access to power. The survey from the African research group AfroBarometer says that in Africa, grid access is lowest in Burundi, Burkina Faso and Sierra Leone, but that even Read more…

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Slideshow: How OPIC invests in women

By investing in development, OPIC invests in women. As the world marks International Women’s Day, these images show some of the women who have benefited from our work. Helping farmers in Africa earn more income. OPIC supports multiple projects, such as the One Acre Fund, that provide financing and training to smallholder farmers so they can grow more food and Read more…

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By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

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Featured photo: Introducing clean cookstoves in Ghana

  Women in Accra, Ghana prepare food on a clean cookstove made by OPIC partner Envirofit International, a Fort Collins, Colorado company that is introducing low-cost cookstoves in the developing world. OPIC has committed $4 million in financing to help Envirofit introduce more cookstoves in Africa, Asia and Latin America. Unsafe cooking techniques are a major health threat across the Read more…

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How OPIC-supported projects improve lives by creating jobs

At a time when about half the world’s population lives on the equivalent of $2 a day, creating more jobs and opportunity is essential to advancing development and improving the lives of the world’s poorest people. When 193 United Nations members gathered in Addis Ababa last summer for the Financing for Development conference, they included “full and productive employment and Read more…

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