Why Ex-Im Can’t Be the Financing Cornerstone of Power Africa

Blog Post

Someone from an advocacy organization asked the other day why we at CGD are so focused on unleashing OPIC and not instead concentrating on the U.S. Export-Import Bank as the private sector lever for President Obama’s Power Africa initiative. After all, the Ex-Im Bank accounts for the bulk of the funding in the announcement ($5 billion as opposed to OPIC’s $1.5 billion). It’s a sensible question.

SFRC Hearing: Moss Proposes Stronger OPIC and COD Aid

Blog Post

The Senate Foreign Relations Subcommittee on International Development held a hearing on “Different Perspectives on International Development Assistance” on Wednesday with CGD’s own Todd Moss testifying about why US development assistance matters, but also it can be improved—from limiting the number of agencies involved, to linking the budget process to goals and results while promoting innovation, to improving US development finance capabilities.