The OPIC Blog

Archive for the Rwanda Tag

World Bank says it’s getting easier to do business in the developing world

Developing countries accelerated the pace of reforms over the past year, making it easier to start and run a business, the World Bank Group’s new Doing Business 2016 report finds. The report, which looks at the business climate in 189 countries, found that 85 developing economies adopted 169 business reforms in the past year, designed to lower the cost and Read more…

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From introducing advanced technology to providing support for small farmers: How OPIC has helped some Massachusetts enterprises have a positive impact in the world

OPIC’s popular Expanding Horizons workshop for small businesses travels later this month to Massachusetts, a state that has produced many strong OPIC supported projects that are having a positive impact in the developing world. Expanding Horizons is a nine-year-old OPIC workshop series that seeks to educate small businesses about the opportunities of expanding into developing markets and the way OPIC Read more…

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Featured photo: Photo of solar plant construction in Rwanda wins Power Africa photo contest

The winner of Power Africa’s Photo of the Year contest, this picture shows workers at the start of construction of Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity. OPIC supported the Read more…

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Featured photo: Bringing clean energy to Rwanda

Rwandan workers inspect solar panels at Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital, shortly before the solar field’s opening ceremony in February 2014. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity. OPIC supported the Gigawatt Global project in Read more…

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ACEF: Unlocking the Potential for Clean, Renewable African Power

By Charlie Stadtlander, OPIC External Affairs In February 2015, in a quiet patch of land an hour from Kigali, Rwanda, with the help of the Overseas Private Investment Corporation (OPIC) and Power Africa, energy development in Africa took a historic leap forward. With the snip of a ribbon and the flip of a switch, East Africa’s first grid-connected, utility-scale solar 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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Featured photo: Tea production in Rwanda

The Sorwathe Tea Plantation and processing facility in Rwanda was built in 1978 by one of the first U.S. investors in Rwanda, and rebuilt almost two decades later with the support of OPIC political risk insurance. Today, the facility purchases tea leaves from thousands of small farmers around the country, generating an important source of income for the local population. Read more…

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Featured photo: Rwanda 20 years later

In February, OPIC President and CEO Elizabeth Littlefield visited Rwanda’s Genocide Memorial while leading a delegation to meet with investors and government leaders. In this recent blog post, Littlefield described the country today and OPIC’s efforts to support private sector investment there.

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A country in a hurry: On the 20th anniversary of the Rwandan genocide, this small African country looks forward

By Elizabeth Littlefield President and Chief Executive Officer, U.S. Overseas Private Investment Corporation I first visited Rwanda in the early 1990s when I was just beginning my career in development, and spent several months in the country advising the leadership of local microfinance institutions. In addition to being struck by Rwanda’s natural beauty — its sweeping vistas of terraced hills Read more…

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Featured photo: OPIC delegation in Rwanda meets President Kagame

OPIC President and CEO Elizabeth Littlefield met Feb. 27 with Rwandan President Paul Kagame while visiting the country to learn more about opportunities to support private sector investment. OPIC supports multiple agriculture projects in the country and is seeking additional ways to help address the country’s need for additional electricity, infrastructure and access to finance. Rwanda, which is about the Read more…

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