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


“Energy prosperity can replace energy poverty:” NPR highlights Power Africa and OPIC’s latest commitment

August 06, 2014

National Public Radio featured the African Leaders Summit and President Obama’s Power Africa initiative this week in a story that highlighted OPIC’s latest Power Africa project, its $50 million commitment to the 450-megawatt Azura-Edo natural gas power plant in Nigeria. Power Africa aims to double the number of people in Africa who have access to power and this week’s summit
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Featured photo: Medical Credit Fund, winner of OPIC Impact Award for Access to Finance

May 30, 2014

A healthcare professional weighs a newborn at the Mission Mbagala clinic on the outskirts of Dar es Salaam, Tanzania. The clinic was the recipient of an affordable loan from Medical Credit Fund, an OPIC-supported project and the recipient of the 2014 OPIC Impact Award for Access to Finance. Medical Credit Fund is the first lending institution of its kind in
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


Featured Photo: Inter-Mac International Inc., winner of OPIC’s Impact Award for Access to Finance

April 04, 2014

Some of the 5,000 residents of the Los Castanos de Choloma housing community in Honduras, which Inter-Mac International Inc. built with the support of OPIC financing. On March 11, OPIC awarded Inter-Mac an OPIC Impact award in the Access to Finance category for the project, which not only provides safe and affordable housing for a low-income population, but also offers
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

March 31, 2014

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received an award from Project Finance International, which named SunEdison’s San Andres facility the Latin American Solar Deal of the Year for 2013.
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


“My unique connection to Power Africa:” OPIC’s Alemayehou featured in USAID newsletter

March 27, 2014

In the summer of 2013, President Obama announced the Power Africa initiative, designed to help African countries responsibly develop extensive energy resources with the aid of private sector investors. OPIC committed up to $1.5 billion in financing to support this endeavor, in keeping with the agency’s longstanding history of supporting projects in Sub-Saharan Africa. OPIC Executive Vice President Mimi Alemayehou,
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Spotlight on OPIC Impact Award winners: Ellicott Dredges

March 20, 2014

Small businesses comprise the majority of all firms in the U.S. economy, and are powerful engines of job creation at home as well as drivers of development, innovative solutions, and economic efficiency in scores of developing nations. Small businesses can also face far tougher challengers than established multinationals when they do business abroad, so it is both fitting and instructive
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Spotlight on OPIC Impact Award winners: SunEdison

March 19, 2014

On a quiet plain in the rural center of South Africa sits a small town called Boshof. It’s far from the bustling cities of Cape Town and Johannesburg, and hundreds of miles from the dramatic, hilly coastline of the Cape of Good Hope. But Boshof, in the country’s underdeveloped Free State, is the site of a major project to generate
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Big visions, greater rewards – a look at the OPIC Impact Awards

March 14, 2014

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation It’s hard to believe that the inaugural OPIC Impact Awards ceremony, which was held Tuesday, March 11, has already come and gone. I couldn’t think of a better way to showcase all that the Overseas Private Investment Corporation embodies than by honoring the outstanding work of several
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email