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Overseas Private Investment Corporation
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=== 2X Women's Initiative === Launched in March 2018, OPIC's 2X Women's Initiative was a commitment to mobilize $1 billion in capital to invest in women in developing countries. To decide which projects to invest in, OPIC utilized gender lens investing which called for applying gender analysis to financial analysis β using capital to impact the lives of women. Having exceeded their investment goal by the end of the financial year, OPIC had challenged other G7 countries to join in the 2X Challenge which organized [[Development finance institution|DFIs]] from around the world to take part in achieving gender equality through private investment. A popular example of the projects was, financially backing WaterHealth in India to create WaterHealth Vending Machines (WVM) in heavily populated areas. Thereby increasing women, and their families, access to clean drinking water. Another example was a $5 million loan for Twiga Foods in Kenya, aimed to combat food scarcity. This initiative will be continued under the [[U.S. International Development Finance Corporation]] (DFC). Another key priority is [[impact investing]], which aims to produce positive social impacts while generating financial returns sufficient to make these projects sustainable. OPIC has been committed to providing $1.5 billion to develop energy projects in Africa over the next five years, in support of President Obama's [[Power Africa]] initiative to double the number of people on the continent who have access to electricity. The Power Africa initiative will help African countries develop more of their extensive energy resources, including oil and gas, geothermal, hydro, wind, solar, and biomass, while also building out power generation and transmission infrastructure.<ref>{{Cite web|url=https://obamawhitehouse.archives.gov/the-press-office/2013/06/30/fact-sheet-power-africa|title=FACT SHEET: Power Africa|date=June 30, 2013|website=whitehouse.gov}}</ref>
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