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Featured Photo: Illuminating remote Indian villages with solar power

June 26, 2015

Children do their school homework under a solar light provided by Simpa Networks, a Seattle company and OPIC client that used OPIC financing to introduce affordable solar power technology in remote Indian villages. Last month Simpa Networks received the 2015 OPIC Impact Award for excellence in development in the Renewable Energy category.

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Throwback Thursday: A look at the 2014 inaugural OPIC Impact Award winners

June 25, 2015

As we wrap up the 2015 OPIC Impact Awards recognizing the work of seven clients who demonstrated excellence in development, we wanted to look back at last year’s inaugural awards, the first time we hosted an event to formally honor the diverse work of our clients and the positive impact they are having around the world. The inaugural 2014 awards
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Supporting education with technology: OPIC client provides free internet to schools in Kenya

June 24, 2015

Wananchi Group Holdings Ltd., an OPIC client that is working to expand internet connectivity in East Africa, has used its fiber-optic infrastructure to install free internet access in more than 100 schools in Kenya. In 2012, Wananchi obtained $72 million in OPIC financing for a project that is helping address the needs of Africa’s growing consumer class by improving data,
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We’re all in this together: OPIC Impact Awards highlight the power of our partnerships

June 22, 2015

By Judith Pryor Vice President, OPIC Office of External Affairs One of the realities of working for a small agency like OPIC that supports development in more than 100 countries around the world is that it’s difficult to get many of our partners in the same room together to honor the important work they are doing. It is the same
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Featured Photo: Strengthening education and opportunities in Kenya

June 19, 2015

An instructor in Kenya teaches young students in one of Bridge International Academies’ schools. Bridge developed a scalable model to leverage technology to provide a quality and affordable education to low income students and expects to reach hundreds of thousands of students over the next decade. OPIC supported the project with a $10 million loan. Bridge International Academies received the received
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Focus on Impact Award Winners: CSI Latina Financial Inc.

June 18, 2015

OPIC is committed to helping American small businesses expand into fast-growing emerging markets. Over the past five years, small and medium enterprises have accounted for almost 75% of the projects that have received OPIC support. Last month, OPIC awarded one of its small business clients, CSI Latina Financial Inc., an OPIC Impact Award in the American Small Business category. CSI
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Focus on OPIC Impact Award Winners: Belstar Development, LLC

June 16, 2015

Last month at the 2015 Impact Awards, OPIC recognized Belstar Development, LLC for excellence in development in the innovation category. Belstar is a Miami company that is serving as the lead investor in Ghana’s National Medical Equipment Modernization project, a massive undertaking to improve the quality of healthcare in 100 hospitals across all 10 of Ghana’s administrative regions. OPIC is
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Featured Photo: Supporting harvests with microfinance

June 12, 2015

A woman harvests her crop with support from a microfinance loan from Massachusetts-based Root Capital. OPIC provided Root Capital with $20 million in OPIC financing for their work with supporting agribusinesses throughout Africa, Asia and Latin America. On May 19, Root Capital received the 2015 OPIC Impact Award for Renewable Resources. Read more about Root Capital and all the OPIC
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Focus on OPIC Impact Award Winners: Global Communities

June 11, 2015

Just like roads, power plants and other physical infrastructure are essential to the success of a community, so too is financial infrastructure. If you want to promote widespread opportunity, economic growth and job creation, you have to give people the tools to enable them to save for the future, fund increased agricultural production, and start and expand small businesses. Financial
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Focus on OPIC Impact Award Winner: Bridge International Academies (Development Impact)

June 09, 2015

OPIC’s mission to leverage private business to help address the world’s most critical development challenges takes many shapes and operates at different scales. But one of the most direct and foundational cases of this development mission carried out through an impact-minded business plan is through OPIC’s partnership with Bridge International Academies, a winner of OPIC’s 2015 Impact Awards in the
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