OPIC – New Business Ethiopia

U.S. provides $900 million to Africa, Asia, Latin America projects

September 14, 2018September 14, 2018 newbusinessethiopia

The Overseas Private Investment Corporation (OPIC) of the United States government on Thursday approved $895 million in financing and political risk insurance across seven projects that will advance development in Africa, Asia and Latin America.

United States to invest $1 billion in Africa

July 3, 2018July 3, 2018 newbusinessethiopia

Development finance institution of the United States government known as, Overseas Private Investment Corporation (OPIC), today launched its ‘Connect Africa’ initiative which will mobilize more than $1 billion to projects in Africa. The projects support transportation, communications, and value chains in Africa over the next three years, according OPIC.

Capital markets, high impact sectors in Africa secure funding

April 13, 2018April 23, 2018 newbusinessethiopia

Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.