OPIC plans to invest $1bn in Africa

PUBLISHED: Mon, 16 Jul 2018 15:15:13 GMT

The U.S. Government’s development finance institution, the Overseas Private Investment Corporation has announced a $1 billion dollar investment in Africa through the Connect Africa Initiative, to boost Infrastructure, communications and value chain connectivity. CNBC Africa spoke to CEO and President of OPIC, Ray Washburne to give details of the prospects.

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