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Power Africa leadership convenes at Center for Global Development

January 16, 2014

Mimi Alemayehou, OPIC’s executive VP, participated in a panel discussion on President Obama’s Power Africa initiative held Jan. 15th at the Center for Global Development. She was joined by USAID’s chief coordinator for Power Africa Andrew Herscowitz, Kamran Khan of the Millennium Challenge Corporation and Nilmini Rubin, an advisor to the House Foreign Affairs Committee. The group engaged in lively
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Year in review: The top five OPIC blog posts of 2013

January 07, 2014

2013 was another banner year for OPIC, which made a record level of commitments in support of U.S. businesses investing in developing countries.  The OPIC blog highlighted many of our key projects and initiatives. Below are our five most popular blog posts from 2013:   1. OPIC to play key role in President Obama’s Power Africa initiative July 02, 2013
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OPIC Executive Vice President Mimi Alemayehou featured in Forbes and Forbes Woman

December 06, 2013

One of the key’s to OPIC’s consistent financial success and strong developmental impact is the Agency’s strong team, including Executive Vice President, Mimi Alemayehou. Forbes recently included Alemayehou on its list of  “The 20 Young Power Women In Africa 2013.” and published a profile of Alemayehou talking about life, work and family, and the ways that her early years in
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Featured photo: OPIC delegation in West Africa

December 06, 2013

OPIC President and CEO Elizabeth Littlefield meets with Macky Sall, President of Senegal, while traveling with an OPIC delegation to West Africa. Africa has become a region of increased focus for OPIC in recent years and will play a key role in the U.S. Power Africa initiative to double access to electricity on the continent.

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Littlefield in AllAfrica: Africa can be transformed with public-private investment

December 03, 2013

How can Africa fully compete when countless factories and computers go dark during rolling blackouts? How can it compete in an era of non-stop, round-the-clock communication when millions go home to candles or lanterns? Although Africa has made great strides in industries like transportation, manufacturing and telecommunications, some 600 million Africans still lack access to basic electricity. In a guest
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Financial inclusion for Africa’s healthcare providers

October 21, 2013

By Dia Martin, OPIC, Senior Investment Officer On a continent that carries a disproportionate share of many diseases from HIV-AIDS to high blood pressure, access to finance poses a major challenge to the small clinics that serve so many lower and middle class Africans. These clinics often struggle to access even small amounts of credit to maintain or expand their
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OPIC and Amethis Finance support Africa’s priority sectors for economic growth

September 09, 2013

On September 5, in Paris, France, Overseas Private Investment Corporation President and CEO Elizabeth L. Littlefield and Executive President and Co-Founder of Amethis Finance Luc Rigouzzo signed a $150 million credit line dedicated to investments in priority sectors that are critical to Africa’s economic growth. Littlefield indicated that all of these sectors, including agribusiness, infrastructure, energy and financial services, offer
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Alemayehou: Public private partnerships can transform Africa

August 23, 2013

As much of Africa enjoys a period of unprecedented economic growth, it also faces the challenge of how to sustain and extend this progress. In a recent piece for AllAfrica.com, OPIC Executive Vice President Mimi Alemayehou notes that augmenting and maintaining the infrastructure needed to support this growth will cost hundreds of billions of dollars a year for the foreseeable
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OPIC recognizes International Youth Day 2013

August 12, 2013

Today is International Youth Day, a day created by the United Nations in 1999 to mark the important contribution youth make to the world. This year, International Youth Day focuses on youth migration and the rewards and risks associated with it. According to a 2012 report by the UN Capital Development Fund, 85 percent of youth currently live in developing
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Powering Africa: A massive challenge and a major investment opportunity

July 26, 2013

Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of once poor people joining the middle class. But this recent progress sits against a backdrop of major ongoing developmental challenges, many of them related to access to electricity. Because it is essential
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