The OPIC Blog

Archive for the Power Africa Tag

‘Don’t let Ebola obscure Africa’s larger promise’: OPIC’s CEO on the future of Africa

The development news outlet Devex published an op-ed by OPIC President and CEO Elizabeth Littlefield on the promise of economic growth in Africa. In her piece, “Don’t let Ebola obscure Africa’s larger promise and challenges,” Littlefield writes that America’s increased engagement with Africa comes at a pivotal moment when investors are helping build the energy infrastructure in Africa with unprecedented Read more…

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Year in review: OPIC’s top blog posts of 2014

OPIC extended its work addressing major world development challenges in 2014, supporting projects to build power plants and other major infrastructure, increase access to food and clean drinking water, introduce cleaner sources of energy, improve the quality of healthcare and help individuals lift themselves out of poverty by providing affordable mortgages to build stable homes and small businesses. We’re recapping Read more…

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Powering Africa: The renewable energy opportunity

Third in a series looking at OPIC’s approach to powering Africa. For earlier posts see Powering Africa: The off-grid challenge, and Powering Africa: The on-grid challenge. The sun shines almost daily throughout most of Sub-Saharan Africa, but most of the population – more than 620 million people — lives in the dark. This extreme energy poverty in a region so rich Read more…

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Littlefield on the future of energy in Africa

OPIC President and CEO Elizabeth Littlefield described the momentum behind President Obama’s Power Africa initiative, which she said has generated strong interest among developers who until recently had not considered doing business in Africa. “The world is waking up to the fact that business can be a force for good and has a critical role to play,” Littlefield told Devex Read more…

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Powering Africa: The on-grid challenge

Second in a series looking at OPIC’s work supporting President Obama’s Power Africa Initiative See also: Powering Africa: The off-grid challenge President Obama’s Power Africa initiative has increased awareness of the challenge of extreme energy poverty in Sub-Saharan Africa and in doing so, has also highlighted the need for off-grid power solutions to reach a large share of Africa’s rural Read more…

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Powering Africa: The off-grid challenge

President Obama’s Power Africa initiative harnesses the power of private sector investment to help the more than 600 million people in Sub-Saharan Africa, who lack access to energy. It’s a staggering number, but also one that does not fully capture the extent of energy poverty on the continent, or the challenge of delivering power to many of the more rural Read more…

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Hillary Clinton recognizes OPIC’s role in addressing energy poverty and highlighting opportunities for American businesses

Hillary Clinton told the National Clean Energy Summit in Las Vegas on September 4 that OPIC was playing a critical role in bringing more energy to the developing world. “I’m delighted that (OPIC President and CEO) Elizabeth Littlefield is here,” said Clinton. “OPIC is major player in trying to deal with the issue of energy poverty.” Clinton also noted that Read more…

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The world needs more power

Today is World Humanitarian Day, a United Nations (U.N.) commemoration to “celebrate the spirit that inspires humanitarian work around the world.” This year, the UN’s theme is “The World Needs More…” As anyone who works in global development knows, there are many ways to answer that sentence. This year, OPIC highlights the world’s need for more power. Not only does Read more…

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

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…

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Baltimore Sun features Elizabeth Littlefield on African investment opportunity

“Casual political observers often focus on Africa’s natural resources, mineral wealth and conflicts as a strategic concern, but Africa is a massive and rapidly growing consumer market that is more fully appreciated by strategic investors with each passing day,” OPIC President and CEO Elizabeth Littlefield writes in the Baltimore Sun, August 1, ahead of next week’s U.S.-Africa Leaders Summit in Read more…

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