Overseas Private Investment Corporation   CONTACT US SUBSCRIBE TO NEWS OPIC BLOG
FacebookRSSTwitterYoutubeInstagram
Freedom of Information Act (FOIA)
The OPIC Blog


Committing to continued investment in Africa

August 05, 2014

OPIC President Elizabeth Littlefield signs a memorandum of understanding on August 4 with Mohamed El Kettani (right), Chairman and CEO of Morocco’s Attijariwafa Bank; and Thomas McCaffery (left), Wells Fargo executive vice president, expressing their interest in deepening cooperation to expand lending to small and medium enterprises in Morocco and other African countries. The MOU was one of multiple signed
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Featured photo: Helios Investment Partners, winner of OPIC Impact Award for Private Equity

May 09, 2014

Nicholas Aoama Oyiek, who owns a garage employing 20 people in Nairobi, is just one of the small business owners who have benefited from the support of Helios Investment Partners LLC, a private equity firm that is managed by Africans and invests exclusively in businesses in Sub-Saharan Africa. His success also helps illustrate the impact of OPIC’s support for emerging
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Schwab Foundation names Bridge International Academies one of 2014’s top social entrepreneurs

May 08, 2014

  Bridge International Academies, a low-cost network of schools in Kenya that is expanding with the support of OPIC financing, has been named one of the Social Entrepreneurs of the Year for 2014 by the Schwab Foundation for Social Entrepreneurship. Bridge’s innovative model offers high-quality education for less than $6 per student, per month to thousands of children in hundreds
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


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
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Featured photo: Tablet-based teaching offers a scalable education model in Kenya

December 20, 2013

A teacher at one of Bridge International Academies’ schools in rural Kenya delivers a lesson via a tablet computer. OPIC is supporting Bridge’s expansion in Kenya with a $10 million loan. Bridge’s innovative model for educating large numbers of poor children is based on a standardized curriculum that each teacher accesses from an electronic device. NPR recently described the model
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


In Kenya: Quality education even low income families can afford

December 17, 2013

In Kenya, primary school starts at the age of six and runs for eight years, and while the public schools are free to all children, they often suffer from limited resources. OPIC recently agreed to support a business that is providing an affordable education alternative to thousands of Kenyan families through a series of 237 schools it is building throughout
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


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
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC board approves seven new deals at September meeting

September 26, 2013

OPIC’s Board of Directors held its final meeting of the fiscal year on September 19 and approved deals in Africa, the Middle East and Latin America that will improve access to electricity, small business lending, and healthcare while supporting U.S. investment in developing countries. The deals approved include: Small business lending in Kenya: OPIC agreed to provide a $75 million
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


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.

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


World Health Day highlights need for better health care in developing countries

April 05, 2013

April 7th is designated as World Health Day each year by the World Health Organization (WHO) to commemorate that agency’s founding. In conjunction with this, WHO annually highlights a theme that has a significant global health impact and often focuses on issues – such as access to clean water – that are particularly relevant to the developing world. This year,
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email