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OPIC mulls loan to ALCB Fund

September 24, 2017

OPIC, the U.S. Government’s development finance institution is considering a $40 million, 10-year loan to the African Local Currency Bond Fund.  The fund, which was established in 2012 by [more...]

Trump taps Washburne to lead OPIC

June 11, 2017

Last week, the White House announced that President Trump is nominating Ray Washburne to head up the Overseas Private Investment Corporation or OPIC. Washburne’s nomination will require Senate [more...]

OPIC backs Unreasonable Capital with $5mln

January 8, 2017

OPIC, the US Government’s development finance institution, is supporting Unreasonable Capital’s raise for its first fund with $5 million in financing.  The investment is being made via [more...]

OPIC sets up shop in Nairobi

September 25, 2016

In opening an office in Nairobi, the Overseas Private Investment Corporation, commonly referred to as OPIC, is looking to support investment in power, infrastructure, water, agriculture and [more...]

Power Africa progress still slow

July 31, 2016

Power Africa’s pace of progress is still painfully slow, writes Pilita Clark in the Financial Times, and some of the companies who are involved in the initiative are starting to express concern. An [more...]
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