COLOMBO, SRI LANKA – WorldBusiness Capital, Inc. (WBC) announced the closing of $15 million, 10-year commercial loan to LOLC Micro Credit Limited (LOMC). The loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps...
GAUTENG PROVINCE, SOUTH AFRICA – SA Taxi provides loans to taxi drivers in South Africa who cannot otherwise get access to finance. While this has provided jobs and more reliable and sustainable transport for thousands who rely on taxi minibuses for work or school,...
WASHINGTON, D.C. – Bayport Management Ltd, a leading emerging market financial services group, today announced the closing of a $250 million senior debt facility with the Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance...
VIENNA, VA – Nafith International, NTELX International’s Middle Eastern subsidiary, will start operating a system at Iraq’s seaports to streamline truck movements. Read More
WASHINGTON, D.C. – Last month, the Overseas Private Investment Corporation’s (OPIC) Board of Directors approved two new framework agreements that further align our organization with Citi in sharing credit risk for development financing in overseas projects. Read...
WASHINGTON, D.C. – Global Communities and the Overseas Private Investment Corporation (OPIC) today announced that OPIC has agreed to provide a $25 million, 15-year loan guaranty facility to Global Communities’ subsidiary Vitas s.a.l., to support expanded lending to...