https://www.engineeringnews.co.za

Opic opens Côte d’Ivoire office

23rd March 2016

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

US development finance institution, the Overseas Private Investment Corporation (Opic) has established its first permanent, dedicated regional office in Côte d’Ivoire, in an effort to stimulate investment into development projects in the critically strategic West and Central Africa.

To mark the occasion, Opic president and CEO Elizabeth Littlefield was heading to Abidjan, in Côte d’Ivoire, and Dakar, in Senegal, with a number of international CEOs, to explore opportunities for private sector investment in the region.

“Opic’s Côte d’Ivoire regional office is the start of an important chapter for this agency and for lasting development throughout West Africa,” she said in a statement.

The region was home to a host of growing economies in need of investment in power, infrastructure, water and agriculture, besides others, and Opic stimulated investment interest by providing investors with financing, political risk insurance and support for private equity investment funds, when commercial funding could not be obtained elsewhere.

“As a recognition of mounting investment momentum and rich development impact opportunity across the region, this Opic office builds a bridge for a strong US business presence in a dynamic investing environment,” she said.

Opic promoted investment into development projects throughout Africa, the most recent of which included agricultural modernisation in Senegal, water infrastructure in Ghana and coffee production in Rwanda.

Edited by Creamer Media Reporter

Comments

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.11s - 137pq - 2rq
Subscribe Now