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'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
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 commitment aims to mobilize $1 billion to unlock the potential of women across Africa.  Read More
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.
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
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.
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
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
“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
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