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The OPIC Blog

Archive for the 'Africa' Tag

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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One Big Continent, One Big Summit, Three Big Lessons

During the U.S. Africa Leaders Summit in August, Littlefield met with many African heads of state, including Faure Gnassingbé, President of Togo.   By Elizabeth Littlefield, OPIC President and CEO This blog post originally... Read more...

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Powering Africa: The off-grid challenge

Ballinger (third from left) at the site of a solar project being developed in Rwanda.   President Obama’s Power Africa initiative harnesses the power of private sector investment to help the more than 600 million people in Sub-... Read more...

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U.S. Department of Commerce highlights historic U.S.-Africa Business Forum and the significant gains for Africa-U.S. business ties

Under Secretary of Commerce for International Trade Stefan M. Selig is seen speaking with OPIC President and CEO Elizabeth Littlefield at the U.S.-Africa Business Forum, which took place during the week of the U.S.-Africa Leaders Summit. Credit... Read more...

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Featured photo: Underscoring the opportunity of private investment in Africa

  Elizabeth Littlefield (center), President and CEO of OPIC, signs a memorandum of understanding with Thomas McCaffery (left), Wells Fargo’s Executive Vice President, and Mohamed El Kettani (right), Chairman and CEO of Morocco’s... Read more...

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Highlights from the Field: ACEF supports African renewable energy projects for enduring development

By Sarah Carta, OPIC U.S.-Africa Clean Energy Finance Program Manager OPIC’s U.S.-Africa Clean Energy Finance (ACEF) team recently traveled to Africa to seek out thriving clean energy technology resulting from ACEF support – from off-grid solar... Read more...

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Seeking to build on momentum of recent days, OPIC hosts high-speed networking event for African businesses

In an effort to build on the momentum of recent days that saw billions of new investment committed to Africa, OPIC on Wednesday hosted multiple American and African businesses, as well as representatives from other U.S. Government Agencies for... 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 Africainitiative this week in a story that highlighted OPIC’s latest Power Africa project, its $50 million commitment to the 450-megawatt... Read more...

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