OPIC - Overseas Private Investment Corporation

Peak Rare Earths is focused on developing the Ngualla Rare Earth Project in Tanzania, aiming to become a long-term, low-cost producer of neodymium and praseodymium, essential metals for high-growth applications in low carbon technologies, including electric mobility and clean energy. Based in Perth, Australia, Peak discovered rare earth mineralization at Ngualla in 2010 and is advancing the project in collaboration with investors such as the Appian Natural Resource Fund and the International Finance Corporation. The company is well-funded to progress its Bankable Feasibility Study, having already established a strong Mineral Resource base and a proven low-cost metallurgical process. Current development efforts are based on a fraction of the total Mineral Resource, indicating the potential for several decades of production and future expansion. In addition to rare earths, early-stage evaluations of nearby niobium-tantalum and phosphate mineralization may provide opportunities for further commodity development once rare earth production is underway.

Twiga Foods Ltd. operates a mobile-based business-to-business supply platform that serves retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates the ordering of various supplies, including bananas, pineapples, and tomatoes, through its platform. By leveraging a cashless system, Twiga connects millions of small and medium-sized vendors in urban markets, streamlining the supply chain and enhancing access to essential goods.

D.light is a developer of solar home lighting and power products aimed at making clean energy accessible and affordable for rural and semi-urban populations. The company's offerings include a range of solar-powered devices such as lights, radios, televisions, fans, and other home appliances, all of which are part of rechargeable solar kits. These products are designed to improve health, increase productivity, and enhance the overall quality of life for users by providing reliable and sustainable energy solutions.

Union Bank of Nigeria Plc. is a retail and commercial bank with its headquarters located in the central business district of Lagos, Nigeria.

Cholamandalam is an Indian assurance firm that provides a range of assurance schemes, including accident, engineering, health, liability, marine, motor, property, travel, and rural insurance for individuals and corporate assurance. Cholamandalam’s assurance products targeted at individuals include health insurance, car insurance, travel insurance, home insurance, and personal accident insurance. While its products targeted at corporate firms include health, fire, engineering projects, engineering operations, property crime, marine insurance, and liability insurance. Cholamandalam was established in 2001 as a result of a joint venture between Murugappa Group, a major South Indian business conglomerate and Japan’s largest general insurance firm, the Mitsui Sumitomo Insurance Group.

responsAbility Investments AG is a prominent impact asset manager based in Zurich, Switzerland, with additional offices in Mumbai, Bangkok, and other global locations. Established in 2003, the firm specializes in private market investments that align with the United Nations Sustainable Development Goals, focusing on financial inclusion, climate finance, and sustainable food systems. responsAbility manages over USD 3 billion in assets and has facilitated the disbursement of more than USD 10 billion in private debt and equity to high-impact companies across 90 emerging economies. The firm's investment strategy includes direct investments in growth and early-stage ventures, as well as fund-of-fund investments in various sectors such as financial services, renewable energy, agriculture, and information technology. ResponsAbility emphasizes sustainable practices and ESG compliance, seeking to invest primarily in developing markets while supporting enterprises that demonstrate social and environmental responsibility. The firm is registered with the Swiss Financial Market Supervisory Authority, reflecting its commitment to regulatory standards and responsible investment practices.

Proximity Finance, one of the country’s few farmer-facing microfinance institutions, serves the financial needs of about 100,000 households. The firm aims to nearly double that number over the next five years and have dispersed one million loans.

ReNew is a prominent decarbonization solutions company in India, recognized for its substantial clean energy portfolio of approximately 13.7 gigawatts as of March 31, 2023, making it one of the largest globally. As an independent power producer, ReNew focuses on developing and operating clean energy projects to address India's growing energy demands in an efficient and sustainable manner. The company offers comprehensive solutions across various segments, including wind power, solar power, hydro power, and transmission lines. In addition to its core energy production, ReNew emphasizes value-added services through digitalization, energy storage, and participation in carbon markets, all of which are essential for combating climate change.

Twiga Foods Ltd. operates a mobile-based business-to-business supply platform that serves retail outlets, kiosks, and market stalls across Africa. Founded in 2013 and headquartered in Nairobi, Kenya, the company facilitates the ordering of various supplies, including bananas, pineapples, and tomatoes, through its platform. By leveraging a cashless system, Twiga connects millions of small and medium-sized vendors in urban markets, streamlining the supply chain and enhancing access to essential goods.

Kashf Foundation, established in 1996, is a leading microfinance institution in Pakistan dedicated to empowering poor women and their families through financial services. The foundation has disbursed $202 million in loans, reaching over one million individuals and providing them with access to essential financial capital. Its offerings include general, business, and home improvement loans, along with insurance products, all aimed at improving the economic status of low-income households. By focusing on women's economic self-reliance, Kashf Foundation fosters entrepreneurship and enhances the overall well-being of its clients.

Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

Grameen Impact India (GIII) is a RBI registered NBFC focused on lending to enterprises engaged in social sector with an emphasis on double bottom line returns – financial returns along with demonstrated social impact. GIII has been setup to lend selectively to high quality social enterprises across stages from early, growth to mature entities. The lending focus will be on impact enterprises in financial services, affordable education and skills development, affordable health, sustainable agriculture and renewable energy sectors. GIII’s goal is to catalyse access to debt capital critical to scaling up social enterprises and help them reach poor and excluded population.

Mobius Motors Ltd. designs, manufactures, and sells vehicles tailored for the African mass market, focusing on the specific needs of consumers in developing regions. Founded in 2011 and based in Nairobi, Kenya, the company produces affordable vehicles that facilitate the transportation of heavy cargo, operate effectively over rough terrains, and serve public transport and goods delivery needs. By providing appropriate transport solutions, Mobius Motors aims to enhance mobility in rural Africa and contribute to a more connected and prosperous continent.

Orb Energy specializes in providing affordable renewable energy solutions for off-grid households in India, primarily through solar home systems. The company offers these systems at a cost of USD 4 per month, catering to low-income customers by leveraging a robust retail distribution network. Currently operating 90 branches, Orb Energy plans to expand significantly, aiming to double its branches and workforce within the next two years, thereby reaching an estimated 250,000 individuals. In addition to solar home systems, Orb Energy is involved in the design, manufacture, installation, and servicing of solar photovoltaic systems for power generation, as well as solar thermal systems for hot water and related lighting components and appliances.

IndusInd Bank Limited, established in 1994 and headquartered in Mumbai, India, is a private sector bank that provides a wide range of financial products and services for individuals, businesses, and institutions. The bank operates through various segments, including Treasury Operations, Corporate and Wholesale Banking, and Retail Banking. Its offerings encompass a variety of accounts, loans, transaction banking services, investment options, and insurance products. IndusInd Bank also provides debit and credit cards, foreign exchange services, and financial inclusion initiatives. With a focus on technology, the bank supports multi-channel delivery and maintains a robust branch and ATM network across India, along with representative offices in London, Dubai, and Abu Dhabi. The bank aims to cater effectively to both consumer and corporate clients, positioning itself as a significant player in the Indian banking landscape.

Yes Bank Limited is a private sector bank based in Mumbai, India, providing a wide range of banking and financial services primarily within the Indian market. The bank operates through various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers corporate banking services such as working capital finance, term loans, trade finance, and cash management. Retail banking products include personal loans, home loans, and vehicle financing, as well as services tailored for micro, small, and medium enterprises. Additionally, Yes Bank provides financial advisory services to government entities and various financial institutions, along with transaction banking services like foreign exchange and supply chain finance. The bank also focuses on investment banking, offering mergers and acquisitions advisory and capital advisory services. As of March 2020, Yes Bank operated 1,135 branches and had 1,423 ATMs across the country. Founded in 2004, it has established itself as a significant player in the Indian banking sector.

IndusInd Bank Limited, established in 1994 and headquartered in Mumbai, India, is a private sector bank that provides a wide range of financial products and services for individuals, businesses, and institutions. The bank operates through various segments, including Treasury Operations, Corporate and Wholesale Banking, and Retail Banking. Its offerings encompass a variety of accounts, loans, transaction banking services, investment options, and insurance products. IndusInd Bank also provides debit and credit cards, foreign exchange services, and financial inclusion initiatives. With a focus on technology, the bank supports multi-channel delivery and maintains a robust branch and ATM network across India, along with representative offices in London, Dubai, and Abu Dhabi. The bank aims to cater effectively to both consumer and corporate clients, positioning itself as a significant player in the Indian banking landscape.

Atlas Mara Limited is a private equity firm focused on potential acquisitions in the financial services sector, primarily within the sub-Saharan African market, while also considering opportunities outside of Africa. The firm, formed by Atlas Merchant Capital and Mara Group Holdings, aims to acquire target companies or businesses, although it does not have any specific acquisition plans currently in place. Atlas Mara offers corporate and retail banking services, catering to corporations, small and medium-sized enterprises, and individual clients. It operates primarily in regions such as Nigeria, Botswana, and Zimbabwe, with a significant portion of its revenue generated from its operations in Botswana. The firm is headquartered in Road Town, British Virgin Islands.

Tikona Infinet, a subsidiary of Tikona Digital Networks, specializes in providing wireless broadband services tailored for the domestic enterprise market in India. Founded in 2008 and based in Mumbai, Tikona has developed an extensive IP network that operates in 25 cities, with plans for expansion into tier-III and semi-urban markets. The company holds an all-India class A ISP license, allowing it to offer next-generation wireless broadband solutions, including 4G LTE connectivity. Tikona Infinet’s services encompass secure Virtual Private Network (VPN) access, business mailing, data center management, and internet solutions, facilitated through strategically placed Points of Presence (POP) and Wireless Broadband (WBB) base stations. The company focuses on delivering reliable and scalable broadband services, ensuring optimal bandwidth usage and high-quality connectivity for its clients. Tikona's commitment to meeting global standards is reflected in its advanced data center infrastructure, which has garnered positive feedback from customers for its flexibility and manageability in supporting modern business needs.

Nova Lumos sells residential off-grid rooftop solar electricity generation systems, which are capable of powering lights and a range of DC appliances including phone chargers, small televisions and fans. Nova Lumos has its headquarters in Amsterdam in the Netherlands.

Azure Power specializes in the production and sale of solar energy in India, focusing on the development, construction, ownership, operation, maintenance, and management of solar power plants. The company provides clean and affordable solar energy to its customers by absorbing the upfront costs associated with asset acquisition and operation. This model allows customers to benefit economically from renewable power without the complexities of ownership. Approximately 90% of Azure Power's operational capacity is located in high irradiation zones, including states such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The company generates revenue from a diverse mix of Indian central and state government utilities as well as commercial entities, primarily through its core segment of power sales.

Mawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas. Customers use Wi-Fi to connect. Mawingu’s unique application of open technologies enables a world-class scalable network, with open and secure roaming in a highly challenging geographical environment

Ashv Finance Limited is a non-banking finance company based in Mumbai, India, focused on providing tailored debt financing solutions to small and growing businesses, particularly those categorized as 'missing middle' enterprises. Established in 1998 and formerly known as Jain Sons Finlease Limited, the company specializes in offering collateral-free working capital loans and supply chain financing, including bill discounting loans targeted at sectors such as agriculture, clean energy, education, financial inclusion, healthcare, and water sanitation. Ashv Finance emphasizes support for early-stage, high-growth businesses by evaluating loan eligibility based on business cash flows rather than traditional collateral requirements. In addition to lending from its own resources, the company also arranges and syndicates debt from other sources, positioning itself as a comprehensive debt solutions provider for micro, small, and medium enterprises (MSMEs) in India.

Root Capital is a nonprofit social investment fund that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses. The organization also invests in the growth of agricultural enterprises so they can transform rural communities. These businesses purchase crops such as coffee, cocoa, or grains from smallholder farmers. It was founded in 1999 and is headquartered in Cambridge, Massachusetts.

Bayport Management Ltd is a financial services provider founded in 2001 and headquartered in Ebene, Mauritius. Through its subsidiaries, the company offers a range of retail financial services across multiple countries, including Mauritius, Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda, and Zambia. Its product offerings include personal loans, such as payroll and retail loans, as well as savings accounts, flexible deposits, and transaction accounts. Additionally, Bayport provides mobile banking solutions, e-wallets, payment kiosks, and ATM services. The company also offers various insurance products, including credit insurance, education protection plans, and coverage for hospital and funeral expenses. Bayport Management generates revenue primarily through interest income and administration fees associated with its financial products and services.

Caspian Impact Investments Private Limited is a Hyderabad-based venture capital firm focused on growth capital investments in seed, startup, and early-stage companies, particularly within India. The firm specializes in providing debt and equity capital to microfinance institutions and seeks to invest in sectors that address the needs of low-income and informal populations. Its primary investment areas include food and agriculture, clean energy, financial services, affordable housing, and small business finance. Caspian Impact Investments aims to generate both social and environmental impact alongside competitive financial returns, emphasizing support for non-banking financial companies and last-mile banking solutions. The firm has a decade-long track record of investing in socially responsible businesses that enhance access and efficiency in various business ecosystems.

BMR Energy plans, builds, and operates bioenergy plants, wind turbines, and solar power plants. It is based in Nordrhein-Westfalen, Germany.

Simpa is a company based in Karnataka, India, that provides solar power systems to households and shops in rural areas. Founded in 2010, the company aims to make clean energy simple, affordable, and accessible. Customers pay a small initial fee to have a solar photovoltaic (PV) system installed, after which they use a pay-as-you-go model for electricity, similar to pre-paid cell phone plans. The payments contribute towards the total purchase price of the system, and once fully paid, customers own the solar system outright, gaining access to clean and reliable electricity at no further cost. Simpa's offerings include an integrated set of hardware and software for essential services like lighting, cooling, and entertainment, enhancing the convenience and quality of life for users in underserved regions.

SunEdison is a solar energy solutions provider that focuses on developing, financing, installing, and operating photovoltaic energy plants. The company serves a diverse range of customers, including residential, commercial, governmental, and utility sectors, by offering tailored solutions to meet their unique solar energy needs. SunEdison's integrated service approach enables it to deliver predictably priced electricity, making renewable energy more accessible and cost-effective. By prioritizing customer satisfaction and adapting to various energy requirements, SunEdison positions itself as a reliable partner in the transition to sustainable energy solutions.

SunEdison is a solar energy solutions provider that focuses on developing, financing, installing, and operating photovoltaic energy plants. The company serves a diverse range of customers, including residential, commercial, governmental, and utility sectors, by offering tailored solutions to meet their unique solar energy needs. SunEdison's integrated service approach enables it to deliver predictably priced electricity, making renewable energy more accessible and cost-effective. By prioritizing customer satisfaction and adapting to various energy requirements, SunEdison positions itself as a reliable partner in the transition to sustainable energy solutions.

BURN Design Lab is a nonprofit organization focused on creating customized biomass stove solutions for the developing world. The organization collaborates with implementing partners to establish sustainable stove dissemination systems that address cooking needs while tackling issues such as deforestation, women's health, and global warming. BURN's primary activities include the design, local manufacture, and distribution of fuel-efficient cooking products aimed at enhancing the lives of underserved communities. Operating a modern manufacturing facility near Nairobi, BURN produces a stove every minute, making it the largest facility of its kind in Africa. Their range of affordable and durable cookstoves, which include biomass, liquid fuel, and electric options, is designed to reduce harmful emissions and improve indoor air quality, enabling families to cook safely and sustainably while protecting their health and the environment.

The IONIQ Group is an entrepreneurial investment firm based in Berlin, founded in 2011. It specializes in building platforms of interconnected companies across various digital sectors, including data and advertising, fintech, and digital health. IONIQ began its journey in the data and advertising market, successfully creating companies like Zeotap. It then established Europe’s leading fintech platform, finleap, in 2014, followed by the launch of Heartbeat Labs in 2017 to advance digital healthcare solutions. To date, IONIQ has developed over 20 companies, employing more than 1,200 professionals across more than 10 global locations. Many of these companies have achieved profitability within three years of their inception and are recognized as market leaders in their respective fields.