OPIC Updates

OPIC Updates | Newsletter of the Overseas Private Investment Corporation

Obama visit to Kenya highlights Africa's immense potential

Kenya may well be on its way to becoming a 'silicon savannah,' a hub of excellence and innovation in technology," OPIC President and CEO Elizabeth L. Littlefield wrote as she joined President Barack Obama on a historic trip to Africa last month. Learn more about several new commitments OPIC announced to support small businesses as well large development projects.


Six days in Georgia touring OPIC projects Georgia, a country about the size of South Carolina, is a kind of microcosm for the development OPIC supports around the world. OPIC Vice President Judith Pryor recently visited the country and toured some 18 OPIC-supported projects. Learn more	"Open for Business" at the U.S.-Ukraine Business Forum Regions vulnerable to violent conflict often struggle to attract investment. The recent U.S.-Ukraine Business Forum served to remind investors that Ukraine is open for business, and OPIC is ready to support investment there. Learn more	Foreign Investment into Africa surges Although foreign direct investment took a hit worldwide in the past year, Africa continued to generate strong interest, with a 136 percent increase in capital invested over the previous year, Ernst & Young's latest Africa Attractiveness Survey shows. Learn more


Small loans, big impact: A look at OPIC's PI program Portfolio for Impact, or PI, launched in 2014, provides financing to impact investing projects that have great potential for social impact but can face hurdles because they are small or early stage. Learn more	The new landscape of development: Private Investment Ahead of the U.N.'s 3rd Financing for Development conference last month, OPIC President and CEO Elizabeth L. Littlefield wrote pieces for Devex and Skoll World Forum about the changing face of development. Learn more	Building a wind power plant in Jamaica Supported by a $42.7 million loan from OPIC, BMR Jamaica Wind Ltd is building a 36.3 MW wind farm - the island's largest - about 60 miles west of Kingston. The facility will help the island nation reduce dependency on expensive imported fossil fuel. Learn more

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