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Archive for the 'South Africa' Tag

Advancing development by investing in microfinance: OPIC’s Richard Greenberg explains

OPIC, which has actively supported microfinance investment for more than a decade, recently announced that it has surpassed the $1 billion mark in financing to support microfinance projects around the world. Here, Richard Greenberg, OPIC... Read more...

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The challenge of building affordable housing in developing countries … and how DFIs can help

By Debra Erb Managing Director, OPIC Housing Programs (This blog is adapted from a speech Debra Erb delivered in November 2014 at the general meeting of the African Union for Housing Finance.) One of the fundamental steps to advancing... 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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Power Africa one year later: Our work is just beginning

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation It’s been one year since President Obama announced the ambitious Power Africa initiative to double access to power in Sub-Saharan Africa,... Read more...

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OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received... Read more...

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Spotlight on OPIC Impact Award winners: SunEdison

On a quiet plain in the rural center of South Africa sits a small town called Boshof. It’s far from the bustling cities of Cape Town and Johannesburg, and hundreds of miles from the dramatic, hilly coastline of the Cape of Good Hope. But... Read more...

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OPIC’s Impact Awards: A recap in photos

OPIC’s March 11 inaugural Impact Awards ceremony was a big success and helped us highlight the ways our clients are making a difference around the world. In this post we showcase the winners. Global Partnerships: Access to Finance Award... Read more...

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Powering Africa: A massive challenge and a major investment opportunity

Littlefield at the ONE Campaign event July 24.   Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of... Read more...

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OPIC to play key role in President Obama’s Power Africa initiative

President Obama announced the new Power Africa initiative June 30 in South Africa.   OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double... Read more...

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Featured photo: OPIC supports African businesses through the Ethos Fund

  Workers at Plumblink, a South African supplier of plumbing and sanitation equipment that is one of the investments of the OPIC-supported Ethos Fund, that invests in African businesses. OPIC is one of the largest sponsors of private... Read more...

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