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Archive for the 'Power Africa' Category

Did you know: Reliable power supply is a key challenge to Africa’s growth

With an expected 5 to 8 percent annual growth for demand in electricity, improvements in infrastructure are critical.   Senegal, like many countries in Sub-Saharan Africa, suffers from severe power shortages as well as erratic,... Read more...

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Collaborating to close deals: A conversation with OPIC’s Nancy Rivera

Rivera on a due diligence trip to Kenya   The dealmaker behind many OPIC-supported Electrify Africa projects is Nancy Rivera, OPIC Managing Director for Structured Finance. Rivera has worked for more than 20 years to finance... Read more...

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OPIC-supported Amandi Energy Limited named Project Finance International’s African Power Deal of the Year

​​​​​​​ Project Finance International has named an OPIC-supported power project in Ghana as the African Power Deal of the Year and recognized OPIC for playing a pivotal role in the transaction. The project, a 200 megawatt (MW) combined cycle dual... Read more...

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Off-grid electricity: The next leapfrog technology?

In remote regions of Africa, off-grid solar technology is providing electricity without a grid connection. (Power Africa)   In many parts of the developing world, mobile phone technology has leapfrogged traditional... Read more...

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Expanding our work in Africa: OPIC joins world leaders at the U.S.-Africa Business Forum

OPIC joined leaders from the public and private sectors in New York City last week at the U.S.-Africa Business Forum; a day focused on trade and investment opportunities on the continent for African heads of government and American business... Read more...

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Why small and off-grid power projects are key to powering Africa

In this rural region of western Tanzania, OPIC is supporting a project to deliver electricity through a series of smaller power plants feeding into “mini-grids.”   Three years ago President Obama launched one of the most... Read more...

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White House National Security Council features OPIC delegation on progress in post-Ebola nations

“We wanted to bring international private investors to explore opportunities in priority sectors such as infrastructure, power, health care and education.  And, we wanted to send a positive signal to the rest of the world that, once again,... Read more...

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Electricity supply unreliable even for many grid-connected Africans

OPIC partner Nova Lumos makes home solar kits that are affordable and portable.   A new survey of electricity access across Africa shows the regions where energy poverty is most severe and also highlights the fact that many... Read more...

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OPIC achieves major milestone, surpassing its initial Power Africa commitment

Two years ago President Obama launched one of the most ambitious development initiatives of his Presidency and enlisted the support of OPIC in Power Africa, designed to bring more electricity to the hundreds of millions of people in Sub-... Read more...

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OPIC featured on State Department’s Dipnote Blog

A home lit at night by an off-grid power program in Nigeria.   “This year has been declared the “Year of Light.” It is easy to see why.” OPIC President and CEO Elizabeth Littlefield wrote in a recent post on the... Read more...

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