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The OPIC Blog

Archive for the 'Africa' Tag

OPIC client Root Capital reaches a $100 million milestone

Congratulations to OPIC client Root Capital for reaching $100 million in active loans for the first time in its 15-year history! Root Capital is a nonprofit social investment fund that strengthens rural livelihoods in poor,... Read more...

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Featured photo: Supporting agriculture in Uganda

A worker sorts through African bird’s eye chili peppers grown by farmers in eastern Uganda for Sunshine Agro Products, a chili and spice exporter, and one of the businesses supported by OPIC client Root Capital. Since 2010, OPIC has committed... Read more...

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OPIC at a glance

From a growing commitment to renewable resources to support for American small businesses, learn more about some of our major accomplishments in this cheat sheet. Read more...

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U.S.-Africa Clean Energy Finance Initiative – Supporting renewable energy to power Africa

By John Morton, OPIC Chief of Staff Imagine an expanse of land stretching from the Statue of Liberty to the Golden Gate Bridge in which most residents live their daily lives without a single watt of electricity. Some 300 million Americans... Read more...

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‘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... 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,... Read more...

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Featured photo: Affordable housing in South Africa

Newly constructed homes built with investments from the OPIC-supported South African Workforce Housing Fund, are providing housing to nearly 8,000 low-income and working class families in Johannesburg. By investing in low-income housing the fund... Read more...

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Business as a force for good: OPIC celebrates another banner year

    Simpa Networks, a new OPIC client is working to provide solar power to tens of thousands of rural Indians. OPIC this week announced fiscal year financial results showing another strong year in 2014, including $3 billion in... Read more...

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Featured photo: Modern machinery for smallholder farmers in Senegal

Smallholder farmers harvest grain more efficiently with modern equipment provided by Aventura Investment Partners, an OPIC client that provides both equipment and training on best practices to help these farmers significantly improve yields.... Read more...

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Business climate improves in many African countries but access to electricity remains a challenge

Workers in Rwanda head to the Sorwathe Tea Plantation and processing facility, a longstanding OPIC client that was established in 1978 and rebuilt almost two decades later with the support of OPIC political risk insurance. In recent years,... Read more...

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