3/5/2020 OPIC Updates

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Strengthening Partnerships in Taiwan

Leading a delegation to Taiwan, OPIC Acting President and

CEO David Bohigian met with President Tsai, reaffirming

OPIC’s commitment to collaborating to support development.

“OPIC looks forward to enhancing our cooperation to advance

a robust alternative to models that undermine the long-term

prosperity and stability of developing countries,” said

Bohigian. Read More

OPIC Surpasses $100 Million Impact Investing

Milestone

OPIC's Portfolio for Impact has reached $100 million in

commitments to early-stage projects that are delivering

solutions to some of the world’s most persistent challenges.

Since the program's launch, OPIC has supported 22 projects

that are expanding access to food, clean water, healthcare,

education, technology, and financial services. Read More

2X Africa to Mobilize $1 Billion for Region’s

Women

OPIC Acting President and CEO David Bohigian traveled to

Ethiopia, where he joined Advisor to the President Ivanka

Trump to announce the launch of 2X Africa . Launched as

part of OPIC’s broader 2X Women’s Initiative , this new
3/5/2020 OPIC Updates

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commitment aims to mobilize $1 billion to unlock the potential

of women across Africa. Read More

OPIC Welcomes New Board Members

OPIC has sworn in two new members to serve on the Board

of Directors. Christopher P. Vincze and Irving W. Bailey II

were nominated to the OPIC Board by President Donald J.

Trump and confirmed by the U.S. Senate on June 13th.

First-of-its-Kind Fund to Advance Financial

Inclusion

At the Global Entrepreneurship Summit in The Hague, OPIC

announced its intent to provide $25 million in financing to the

Women's World Banking Asset Management fund alongside

support from USAID. The first-of-its-kind U.S. Government

blended finance fund aims to advance financial inclusion for

women in the developing world. Read More

Making Bold Commitments at Women Deliver

OPIC announced several new initiatives at the 2019 Women

Deliver Conference in Vancouver including Financing for

MOMs , a new partnership with USAID, Merck, and Credit

Suisse to improve maternal care in Africa; a $10 million

commitment to Pro Mujer and Deetken Impact to support

women across Latin America; and 2X Invest2Impact, a

business competition launched in collaboration with our 2X

Challenge partners and MasterCard Foundation for female

entrepreneurs in East Africa.

One Year Later: Loan Supports Thousands of

Sight-Saving Surgeries

Blindness in Sub-Saharan Africa is twice as common as it is

globally, yet 80 percent of cases are treatable. One year since

providing a $2 million development impact loan to the Magrabi

ICO Cameroon Eye Institute, OPIC has supported more than

2,300 sight-saving cataract surgeries and screenings for

upwards of 50,000 low-income patients. Read More

250 MW of New Power to Spur Growth in Egypt

At its June Board meeting, OPIC approved $87 million in

financing to support the development of a 250 MW wind

power plant near the Gulf of Suez. By enhancing Egypt’s

power capacity, diversifying its energy mix, and reducing

electricity costs, the project will spur economic growth across

the country. Read More
3/5/2020 OPIC Updates

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Acting President & CEO Bohigian Attends

Presidential Inauguration in El Salvador

“We look forward to strengthening our relationship with El

Salvador’s new government and President as we work toward

common goals of advancing development, fostering regional

stability, and ensuring security throughout the Western

Hemisphere,” remarked OPIC Acting President and CEO

David Bohigian, who joined the U.S. presidential delegation to

El Salvador for the presidential inauguration of Nayib Bukele. 

Read More

Enhancing Cooperation in the Caribbean

During a five-country tour of the Caribbean, leading a high

level delegation, OPIC Acting President and CEO David

Bohigian met with heads of state and local business leaders

to explore investment opportunities in priority sectors like

energy and water, and strengthen security cooperation in the

Western Hemisphere. Read More

 

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