Mimi Alemayehou is managing director and a member of the board of directors of Black Rhino Group, an investment platform focused on the development and acquisition of energy and infrastructure assets across Africa. Prior to joining Black Rhino, Ms. Alemayehou was the executive vice president of the Overseas Private Investment Corporation (OPIC), the development finance agency of the U.S. government, which provides loans, guarantees, and insurance to catalyze foreign direct investment and private equity into emerging markets. Ms. Alemayehou was appointed to the post by President Barack Obama and confirmed unanimously by the Senate. During Ms. Alemayehou’s tenure from 2010 to 2014, OPIC’s portfolio grew by more than 24 percent to $18 billion and the corporation’s Africa portfolio tripled to nearly $4 billion.
Previously, Ms. Alemayehou was appointed by President George W. Bush to serve as the United States executive director on the board of directors of the African Development Bank (AfDB). In this role, Ms. Alemayehou was the senior U.S. Treasury Department official in Africa, representing the United States on policy and development issues across the continent. Ms. Alemayehou received a Distinguished Honor Award for her outstanding service from then-United States secretary of treasury, Henry Paulson.