Overseas Private Investment Corporation

UNITE Dubai - Middle East Private Wealth Gathers on Eve of Expo2020 to Discuss Investment, Trade and Philanthropy

Thursday, October 14, 2021 - 1:38pm

The World Humanitarian Forum, Part of the United Nations discussed topics such as 'Building Forward Better' and on their plans here in the UAE.

Key Points: 
  • The World Humanitarian Forum, Part of the United Nations discussed topics such as 'Building Forward Better' and on their plans here in the UAE.
  • UNITE Dubai and The Private Investment Group are proud to support such initiatives and do all that we can in promoting the UAE and the wider region.
  • The Middle East region's premier resource for informed news, features, and commentary covering sectors as construction, banking, technology and leisure in both English and Arabic.
  • Welthee, is a Decentralized Investment Fund that offers institutions and money managers a disruptive technology for unprecedented risk mitigation methods, diversification through a user-friendly platform.

Worksport Appoints Ambassador Ned L. Siegel and William J. Caragol to Board of Directors

Tuesday, August 24, 2021 - 1:00pm

Ambassador Ned L. Siegel and William J. Caragol to its Board of Directors as of June 30, 2021.

Key Points: 
  • Ambassador Ned L. Siegel and William J. Caragol to its Board of Directors as of June 30, 2021.
  • Worksport is also committed to establishing relationships with government agencies to expand support for these strategic initiatives.
  • Ned L. Siegel and William J. Caragol, directly reflect this commitment.
  • Siegel is a lawyer, real estate businessman, and former U.S. ambassador to the Commonwealth of the Bahamas.

Cepton Announces $50M Committed Investment in Cepton’s Business From KOITO After ADAS Design Win at a Major Global OEM

Friday, August 6, 2021 - 1:53am

As part of that transaction, KOITO obtained non-exclusive rights to manufacture and sell Ceptons lidar sensor design for an automotive application, using key components supplied by Cepton.

Key Points: 
  • As part of that transaction, KOITO obtained non-exclusive rights to manufacture and sell Ceptons lidar sensor design for an automotive application, using key components supplied by Cepton.
  • The KOITO-Cepton collaboration secured the largest ADAS lidar series production award1 at a major global automotive OEM.
  • To support this design win and to prepare for anticipated series production starting in 2023, KOITO has established a manufacturing line for MMT lidars.
  • In parallel, Cepton continues to focus on the advancement of MMT lidars to support additional ADAS OEM engagements and joint business opportunities.

New Decarbon8-US Investment Opportunity Now Open for Startups Decarbonizing Transportation

Monday, June 14, 2021 - 1:41pm

SEATTLE, June 14, 2021 /PRNewswire/ --The Decarbon8-US Fund, an impact investment vehicle established by the E8 cleantech angel investor community, announced a new Request for Proposal (RFP) for climatetech companies focused on decarbonizing the transportation sector.

Key Points: 
  • SEATTLE, June 14, 2021 /PRNewswire/ --The Decarbon8-US Fund, an impact investment vehicle established by the E8 cleantech angel investor community, announced a new Request for Proposal (RFP) for climatetech companies focused on decarbonizing the transportation sector.
  • To help meet this challenge, Decarbon8-US was designed to expand the number of people and organizations that can directly support the enterprises that are decarbonizing the economy, while also generating new jobs and potential investment returns.
  • This 2021 transportation round of Decarbon8-US deals and investment follows a successful launch of the fund in 2020, for which three finalists received almost $1 million in combined investment.
  • Decarbon8-US is a philanthropic investment fund housed at the impact investing 501(c)(3) Realize Impact.

Asia Briefing Releases 2021 Country Guide Series for Doing Business - The Series Covers China, Hong Kong, India, Singapore, Vietnam, Russia, Plus a Special Guide on ASEAN

Wednesday, April 14, 2021 - 4:45pm

b"HONG KONG, April 14, 2021 /PRNewswire/ -- Following a challenging 2020 - where many international businesses around the world focused on operational continuity, crisis management, and transformation issues at home - 2021 beckons with the promise of some new growth opportunities at home and overseas in Asia.\nAsian countries are demonstrating remarkable attractiveness in 2021, stemming from high GDP growth expectations, burgeoning markets, booming technology sectors, and large new shifts in supply chains - resulting in new opportunities for trade, partnerships, and expansions for international investors.\nEntering new markets in Asia successfully can be aided by a deeper, practical understanding of the focal country's business and regulatory environment, expert advisory regarding the changes in Asia, identified areas of risk, incentive and opportunity, as well as the advised steps to prepare for and seize opportunities from entry to profit.\nThese and several other areas are covered in this guide series.\nDesigned to introduce the fundamentals of investing in ASEAN, China, Hong Kong, India, Vietnam and Russia, the Introduction to Doing Business guides are compiled by the experts at Dezan Shira & Associates, a specialist of foreign direct investment, providing corporate establishment, business intelligence, business advisory, tax advisory and compliance, accounting, payroll, due diligence and nancial review services to multinationals investing in emerging Asia.\nEach Introduction to Doing Business 2021 guide is free to download, and discusses:\nWithin the chapters, a range of different topics that affect doing business in the country of interest are discussed - including investment models, intellectual property considerations, key taxes applicable for foreign companies, and several types of employment contracts.

Key Points: 
  • b"HONG KONG, April 14, 2021 /PRNewswire/ -- Following a challenging 2020 - where many international businesses around the world focused on operational continuity, crisis management, and transformation issues at home - 2021 beckons with the promise of some new growth opportunities at home and overseas in Asia.\nAsian countries are demonstrating remarkable attractiveness in 2021, stemming from high GDP growth expectations, burgeoning markets, booming technology sectors, and large new shifts in supply chains - resulting in new opportunities for trade, partnerships, and expansions for international investors.\nEntering new markets in Asia successfully can be aided by a deeper, practical understanding of the focal country's business and regulatory environment, expert advisory regarding the changes in Asia, identified areas of risk, incentive and opportunity, as well as the advised steps to prepare for and seize opportunities from entry to profit.\nThese and several other areas are covered in this guide series.\nDesigned to introduce the fundamentals of investing in ASEAN, China, Hong Kong, India, Vietnam and Russia, the Introduction to Doing Business guides are compiled by the experts at Dezan Shira & Associates, a specialist of foreign direct investment, providing corporate establishment, business intelligence, business advisory, tax advisory and compliance, accounting, payroll, due diligence and nancial review services to multinationals investing in emerging Asia.\nEach Introduction to Doing Business 2021 guide is free to download, and discusses:\nWithin the chapters, a range of different topics that affect doing business in the country of interest are discussed - including investment models, intellectual property considerations, key taxes applicable for foreign companies, and several types of employment contracts.
  • Additionally, the guides examine how business practices have changed, such as new requirements and how to open bank accounts.\nDownload the reports free at AsiaBriefing.com:\n"

Electric Raises $40M From Greenspring Associates to Redefine IT Support

Tuesday, February 23, 2021 - 2:00pm

With continued investments in research and development, this will deepen Electric's commitment to providing lightning fast support.

Key Points: 
  • With continued investments in research and development, this will deepen Electric's commitment to providing lightning fast support.
  • In addition, Electric is prioritizing investments in its people, beginning with an expansion of its diversity programs and continued philanthropic efforts.
  • Electric is the industry leader in providing world-class IT technology and real-time support for small and mid-sized businesses.
  • Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.

Africa Finance Corporation Secures US$250 Million Capital Loan From US Government’s International Development Finance Corporation

Monday, January 4, 2021 - 11:27am

Africa Finance Corporation (AFC or the Corporation), the leading infrastructure solutions provider in Africa, today announces it has successfully secured a US$250 million tier-2 capital loan from U.S. International Development Finance Corporation (DFC).

Key Points: 
  • Africa Finance Corporation (AFC or the Corporation), the leading infrastructure solutions provider in Africa, today announces it has successfully secured a US$250 million tier-2 capital loan from U.S. International Development Finance Corporation (DFC).
  • DFC expanded and modernized the tools of the Overseas Private Investment Corporation (OPIC).
  • The facility to AFC, which consists of a US$250 million tier-2 capital loan, will strengthen AFCs investment capacity by enabling it to provide competitive financing solutions for closing Africas infrastructure deficit.
  • Samaila Zubairu, President & CEO of Africa Finance Corporation, commented on the announcement: Africa and the United States have enjoyed a longstanding partnership spanning several decades.

Championing economic opportunities for women in Africa – Development Partners International’s (DPI) latest fund to become the first 2X Flagship Fund

Thursday, October 1, 2020 - 12:07am

2X Flagship Funds are part of the 2X Challenge, a multilateral initiative launched by the DFIs of the G7 countries, with the objective of mobilizing $3 billion to support projects that empower women and enhance their economic participation.

Key Points: 
  • 2X Flagship Funds are part of the 2X Challenge, a multilateral initiative launched by the DFIs of the G7 countries, with the objective of mobilizing $3 billion to support projects that empower women and enhance their economic participation.
  • Vehicles awarded status as 2X Flagship Funds are established, high performing private equity funds, focused on emerging markets that have committed to investing with a gender lens using the 2X criteria.
  • For DPI, signing on as a 2X Flagship Fund, is an important and natural step to reinforce our long-standing commitment to gender equity.
  • ADP III is a new private equity fund under the ACP Investment Facility that will support the growth of African businesses.

Ernest C. Brown, Esq., PE, offers a ‘Citizen’s Guide to P3 Projects’

Thursday, June 18, 2020 - 6:11am

These prompted him to pen Citizens Guide to P3 Projects (published by iUniverse), a legal primer that aims to help citizens use public and private partnerships in financing great projects for their communities.

Key Points: 
  • These prompted him to pen Citizens Guide to P3 Projects (published by iUniverse), a legal primer that aims to help citizens use public and private partnerships in financing great projects for their communities.
  • Public-private projects or P3s as defined in the book emerged as a new design, build and financing alternative.
  • There will be huge changes due to coronavirus (COVID-19) and there will be many philanthropic and investment opportunities to use P3 methods.
  • Citizens Guide to P3 Projects is directed toward architects, engineers, contractors, suppliers, elected public officials and ordinary citizens who want to embrace the P3 revolution to create their dream community projects.

J.P. Morgan Launches Development Finance Institution

Tuesday, January 21, 2020 - 5:01am

J.P. Morgan (NYSE: JPM) today announced the creation of the J.P. Morgan Development Finance Institution (DFI) to expand its development-oriented financing activities in emerging markets.

Key Points: 
  • J.P. Morgan (NYSE: JPM) today announced the creation of the J.P. Morgan Development Finance Institution (DFI) to expand its development-oriented financing activities in emerging markets.
  • Leading J.P. Morgans new effort is Faheen Allibhoy, a seasoned manager and investment professional with deep experience in emerging markets and development finance.
  • With its newly-launched Development Finance Institution, J.P. Morgan expects to attract additional investment into emerging economies including connecting philanthropic or concessional funds with private capital to spur investment through blended finance models.
  • To learn more about the J.P. Morgan Development Finance Institution and its efforts, please visit www.jpmorgan.com/DFI .