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American ingenuity in the developing world: OPIC featured in AllAfrica

ContourGlobal, Togo, AllAfrica, American business, American business in Africa, AGOA, Lome Thermal Power Plant, OPIC, Overseas Private Investment Corporation, Edward A Burrier, investing in developing countries, economic relations, Africa, power project, OPIC financing, political risk insurance
 

 

This week, as the small West African country of Togo hosts the AGOA Forum to foster improved economic relations between the U.S. and Africa, it will also showcase a major OPIC-supported power project that stands as an example of what American ingenuity and business can achieve in the developing world.

The Lomé Thermal Power Plant was built by New York based-ContourGlobal with the support of OPIC financing and political risk insurance. As OPIC Vice President Edward Burrier writes in AllAfrica, the award-winning plant has tripled energy generation capacity in Togo, improved lives and helped spur additional investment and development in the country.

Read the AllAfrica piece here
See also: OPIC Managing Director Mary Mervenne explains how the project came about

 

 

 

 

 

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