The OPIC Blog

Archive for the Overseas Private Investment Corporation Tag

Spotlight on OPIC’s Impact Award in the critical infrastructure category

During the inaugural OPIC Impact Awards event on March 11 we will be honoring eight winners across six categories, including Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity and American Small Business. Each of our awardees was selected through a rigorous process considering each project’s focus in priority sectors or regions, innovation in overcoming difficulties, quality of Read more…

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OPIC-supported Siraj Investment Fund recognized for excellence

The Siraj Fund Management Company recently received EMEA Finance Magazine’s award for “Best Asset Manager in Palestine” for the year 2013. The Siraj Palestine Fund I, a $90 million fund based in Ramallah, is supported in part by a $30 million commitment from OPIC. The fund was established in 2011 for the purpose of investing in small and medium-sized West Read more…

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Shining a light on Africa’s future

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…

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Announcing the inaugural OPIC Impact Awards

OPIC is proud to recognize some of our outstanding partners with our first ever OPIC Impact Awards for excellence in development finance.  The awards, which will be given out at a ceremony on March 11, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in clean energy, infrastructure, healthcare and other sectors Read more…

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OPIC project’s value commended at USGLC talk

The U.S. Global Leadership Coalition highlighted OPIC client Husk Power during a talk last month about the value of positive economic engagement in advancing foreign relations. Husk’s founders used an OPIC loan to introduce a series of mini-power plants in remote regions of India. “Today in India, 200,000 people now have electricity because of this project,” USGLC Executive Director Liz Read more…

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OPIC announces 2014 Expanding Horizons small business workshop schedule

OPIC will continue its popular Expanding Horizons series for small businesses in 2014, with four events around the country. These workshops and seminars help educate small businesses about the benefits of expanding into emerging markets, and the tools available from OPIC and other U.S. Government agencies that can support them. Expanding Horizons workshops are day-long events featuring presentations by OPIC, Read more…

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Measuring and monitoring impact: How one OPIC-supported school in Ghana delivers extensive benefits to local students and the surrounding community (Part Four in a series)

In 2006, OPIC provided a $1.74 million loan to support expansion of the International Community School (ICS) in Kumasi, Ghana, allowing the school  to double enrollment to more than 1,000 K-12 students. Unlike some other international schools in Ghana that serve a largely expatriate population, ICS focuses on educating Ghanaians to prepare them to be leaders in their own communities Read more…

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Creating an impact investing strategy: OPIC’s approach featured in Stanford Social Innovation Review

In recent years OPIC has made it a priority to support impact investing and between 2008 and 2012 the Agency supported $2.4 billion in impact investments. Some of the challenges it has encountered in this relatively new investing sector are discussed in this blog post in the Stanford Social innovation Review, where OPIC outlines the process it adopted for identifying Read more…

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Getting to dawn in Sub-Saharan Africa: OPIC’s Whalen on the changing investment climate on the continent

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 Read more…

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Featured photo: OPIC visit to Ghana

OPIC President Elizabeth Littlefield holds a press conference in Accra, Ghana following a meeting with Ghana’s Vice President, Kwesi Amissah-Arthur. Littlefield traveled last month with an OPIC delegation to Ghana, Senegal and Liberia, where she toured OPIC-supported projects and met with government and business leaders to discuss development investment opportunities.

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