OVERSEAS PRIVATE INVESTMENT CORPORATION (OPIC) OPIC’s capability, efficiency and effectiveness in promoting ICT related projects and mobilizing America’s private sector…making a difference.

What is OPIC? Fosters economic development in new and emerging markets Helps U.S. businesses invest overseas and complements the private sector Offers long-term financing and/or political risk insurance to help U.S. companies compete in emerging markets and developing countries Advances America’s private sector by backing projects that support American jobs and exports Since 1971, OPIC projects have generated USD 71 billion in U.S. exports and supported more than 271,000 American jobs

Eligibility for OPIC Support OPIC supports projects that are: –Financially sound and benefit host country –Foster private initiative and competition –No loss of U.S. jobs or adverse effects on U.S. economy –No adverse effects on host country’s development or environment –No human rights or worker rights violations

What is OPIC Political Risk Insurance? Who is eligible for OPIC Insurance? Insures U.S. investors against: –Political violence –Expropriation of assets by foreign governments –Inability to convert local currencies into U.S. dollars U.S. citizens U.S. businesses over 50% U.S.-owned Foreign corporations at least 95% U.S.- owned

Terms and Conditions of Insurance Up to 20 year terms Typically up to USD 250 million per project Up to 90% coverage

What is OPIC Finance? Who is eligible for OPIC Finance? Provides financing through direct loans and loan guaranties for medium and long-term private investment Loan sizes range from USD100,000 up to USD 250 million Organizations with at least 25% U.S. equity ownership Commercially-viable businesses Limited government participation (<50%)

Terms and Conditions of Finance Final maturity of 3-15 years Loans up to USD 250 million per project Up to 75% of total project costs for expansion Up to 50% of project costs for new projects

How can OPIC partner with investors? Financing and protecting U.S. company expansion into emerging markets and the banks that support them. OPICInsuranceOPIC Investment funds U.S. Company in foreign country U.S.Banks ForeignCompany OPICFinance Providing foreign companies with access to equity capital through OPIC-sponsored investment funds. On-lending

What are OPIC Investment Funds? Supports the creation of privately-owned and managed investment funds that make direct equity and equity-related investments in new, expanding, or privatizing companies These funds have a regional or sectoral focus

How does OPIC help small businesses? U.S. small business is an important OPIC priority Provides direct loans and offers insurance products to meet the special needs of small businesses

ICT Transaction Types Wireless- Investment guaranties with Structured Finance Traditional Limited Recourse Project Financing Data, Internet Access-Small or Large Corporate Loans with Completion Support Last Mile Systems- Small loans to support niche US small businesses, with project completion support Cable – Investment Funds using Investment guaranty structure

Challenges OPIC supports U.S. businesses who need to participate the establishment of ICT projects Finding U. S. equity to unlock OPIC support can be a challenge

Summary OPIC assists U.S. businesses in investing overseas OPIC offers political risk insurance, finance and investment funds Complements the private sector

Case Example: Wananchi Group, Africa Telecommunications, Media, and Technology Fund I, LLC 1 st competitive cable, phone, and internet service provider in East Africa under the “Zuku” brand More than $40 million in investments Achievements and continued investments: –The East Africa Marine Systems (TEAMS), a 1.2 terabit, 4,500 kilometer deep sea marine fiber optic cable now links East Africa to global broadband networks –A 187 kilometer network of hybrid-fiber coaxial cable will be increased by 760 kilometers (4X) in the next 12 months, resulting in 400% more of Kenyan, Ugandan and Tanzanian residents with internet access by 2010 –Brightstar Academy, a primary and secondary school in Nairobi’s Mukuru slum was provided a computer lab in May 2009 as part of Wananchi’s commitment to the community

For more information about OPIC: –Visit us at –Call us at + 1 (202)