Overseas Private Investment Corporation (OPIC) News

Endeavor-led consortium to build Ghana power station

Endeavor-led consortium to build $552M Ghana power station

A consortium led by Africa-focused power producer Endeavor Energy began building a $552 million, 200-megawatt power plant in Ghana on Wednesday, it said in a statement.

Gary Steinberg, former ‎Chief, Investment Unit at the International Monetary Fund. Credit: telegraph.co.uk

Former IMF investment head joins Nigeria's CBO to launch Africa-focused fund

Gary Steinberg will help CBO launch its first fund to support small West African businesses.

Kenya's Lake Turkana Wind Power Project

Google to Buy Into Africa's Largest Wind Farm in Northern Kenya

Google Inc. will acquire a stake in Africa’s largest wind farm once the facility is completed in Kenya in 2017.

Eytan Stibbe, Managing Partner, Vital Capital

Private equity firm Vital Capital plans $500M Africa fund as demand booms

Private equity firm Vital Capital Investments LP is planning a $500 million investment fund that will focus on African industries overlooked by competitors.

Johann Rupert is South Africa's richest man (According to Forbes in 2014), Chairman of the luxury goods company Richemont, and Chairman of investment company Remgro.

Private equity fund backed by two of South Africa's richest men raises $345M to invest in Africa

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million to invest in electricity generation, transport and logistics in Africa.

US-Africa Business Forum - An interview with Aliko Dangote, CEO of Dangote Industries, and Stephen Schwarzman, CEO of Blackstone

US-Africa Business Forum: An interview with Aliko Dangote, CEO of Dangote Industries, and Stephen Schwarzman, CEO of Blackstone (Video)

Dangote Group President and CEO Aliko Dangote, Blackstone CEO Stephen Schwarzman and Brian Herlihy of Black Rhino announce and discuss new deal at the U.S.-Africa Business Forum.