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OPIC to play key role in President Obama’s Power Africa initiative

July 02, 2013

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population
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OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

July 01, 2013

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access
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OPIC joins USGLC annual conference highlighting smart power and innovation

June 26, 2013

OPIC participated in the U.S. Global Leadership Coalition’s Annual Leadership Conference this week focusing on American aid investment and its role in building jobs and security at home. Featuring remarks by national security and foreign policy experts, the conference analyzed how to strengthen America’s leadership in the world through strategic investments in smart power. On Tuesday, OPIC Executive Vice President
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How OPIC extends its impact through partnerships

June 18, 2013

  OPIC has a long tradition of partnering with private sector businesses to catalyze investment in challenging markets around the world. But the agency’s work extends beyond public-private partnerships. In its recently published 2013 annual report, OPIC outlines several of the successful partnerships it has forged with other U.S. Government agencies to address major development challenges such as: –Clean Energy.
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Featured photo: Nutrient-rich food in Kenya

June 07, 2013

In Kenya, the U.S. Government’s Feed the Future initiative is working to improve food security and childhood nutrition by helping farmers introduce nutrient-rich crops to their farms and teaching families new recipes full of vitamins and minerals needed to ensure healthy growth. Read more here.

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Helping SME’s invest in emerging markets: A conversation with James Polan, OPIC’s Vice President of Small and Medium Enterprise Finance

June 05, 2013

OPIC’s Small and Medium-Enterprise (SME) Financing is available for businesses with annual revenues of less than $400 million. In this interview, James Polan, Vice President, Small and Medium Enterprise Finance, explains the work that he and his colleagues do to provide counsel and financial products to these types of businesses looking to do business in emerging markets. Why does OPIC focus so
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Africa Day: Reflecting on progress and investing for the future

May 24, 2013

May 25 is Africa Day, which recognizes the founding of the African Union in 1963. This year, the 50th anniversary of African unity provides an opportunity to highlight the great progress the continent has made, and encourages a look toward the future. By almost all accounts, the future is bright. One commonly-cited statistic is that seven of the 10 fastest
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Protecting your investment from political risk: A conversation with John Moran, OPIC’s Vice President of Insurance

May 20, 2013

OPIC’s political risk insurance allows U.S. businesses to take advantage of commercially attractive opportunities in emerging markets while mitigating risk and helping them to compete in a global marketplace. In this interview, John Moran, Vice President of Insurance, explains the work that he and his colleagues do to provide innovative, comprehensive and cost-effective risk-mitigation products. What types of companies come to OPIC
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Mobile healthcare for rural Ghana

May 10, 2013

Sherry Ayittey, Ghana’s Minister of Health, seated, tours one of eight new mobile medical clinics that were introduced this month as part of the National Medical Equipment Modernization Project. OPIC is supporting the project by providing political risk insurance to  Belstar Development, LLC, the lead investor in the project. These mobile clinics will travel to currently underserved areas of the
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OPIC celebrates innovation in 2012 annual report

May 07, 2013

OPIC’s newly-released 2012 annual report showcases several key projects and agency priorities of the past year and highlights the role of innovation in our work. Innovation has long been a guiding principal at OPIC, which has built creative deal structures and partnerships to address the challenges of investing in the developing world and worked with several innovative businesses that found
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