The Road to Inclusion: South African Taxi Drivers are Running on Empty

The Road to Inclusion: South African Taxi Drivers are Running on Empty

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,...
OPIC Enters into $250 Million Partnership with Bayport Management

OPIC Enters into $250 Million Partnership with Bayport Management

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...
OPIC and Citi Strengthen Partnership for Development Financing

OPIC and Citi Strengthen Partnership for Development Financing

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...