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Featured photo: OPIC delegation in Rwanda meets President Kagame

February 28, 2014

OPIC President and CEO Elizabeth Littlefield met Feb. 27 with Rwandan President Paul Kagame while visiting the country to learn more about opportunities to support private sector investment. OPIC supports multiple agriculture projects in the country and is seeking additional ways to help address the country’s need for additional electricity, infrastructure and access to finance. Rwanda, which is about the
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Shining a light on Africa’s future

February 21, 2014

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation There is a popular satellite photo of the earth at nighttime that really captures the severity of Africa’s power shortages. While much of the rest of the world shines brightly, the African continent sits mostly in darkness. It is easy to look at that image and conclude
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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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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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