Editing Overseas Private Investment Corporation (section)

===Connect Africa===
In July 2018, OPIC launched its Connect Africa Initiative which aimed to fund more projects which would target infrastructure, technology, and value chains in Africa. With projects within Sub-Saharan Africa accounting for over one-quarter of OPIC's portfolio, the region was a key area of focus for the corporation. Through Connect Africa, OPIC had pledged $1 billion over three years to projects supporting telecommunications and internet access, value chains that connect producers of raw materials to end-users, and essential infrastructures, such as roads, railways, ports, and airports. These commitments to connectivity support economic growth and increase regional security.

This initiative built upon the Power Africa Project launched during the [[Presidency of Barack Obama|Obama administration]] that committed to spending $1.5 billion in energy investments on the continent over a five-year span.

Some examples of investment projects under the Connect Africa Initiative were a $125 million loan to help the diamond industry become more sustainable in Botswana and the commitment of $100 million to expand mobile networks and technological infrastructure across the Gambia, Sierra Leone, the Democratic Republic of the Congo, and Uganda.

This initiative will be continued under the [[U.S. International Development Finance Corporation]] (DFC). In June 2021, The DFC and G7 nations pledged $80 billion to the continent.<ref>{{Cite news|last=Jones|first=Marc|date=June 14, 2021|title=Top G7 development banks pledge $80 billion for African firms|work=Reuters|url=https://www.reuters.com/business/finance/top-g7-development-banks-pledge-80-billion-african-firms-2021-06-14/}}</ref>