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The OPIC Blog


Featured photo: Preventing malaria deaths

April 24, 2015

Malaria nets hang above the beds in this small health clinic, one of many in Sub-Saharan Africa that has been able to expand and purchase more equipment with the help of Medical Credit Fund (MCF). MCF provides financing to small health clinics in Ghana, Nigeria and Kenya that are a crucial part of healthcare delivery, but often struggle to obtain
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Featured Photo: Investing in renewable energy sources in the Caribbean

April 22, 2015

In honor of Earth Day 2015, this week’s featured photo highlights wind turbines in the Dominican Republic. Built by the AIC Caribbean Fund, the turbines are providing significant clean energy resources throughout the country. In 2011, OPIC provided financing to the fund which financed the construction of the first wind turbine farm in the nation, a mid-scale, grid-connected facility capable
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How OPIC supports the planet on Earth Day and year-round

April 21, 2015

OPIC has transformed its portfolio in recent years to support more sustainable development, from geothermal power in Kenya and solar power in Chile to wind power in Jamaica and new technologies to deliver off-grid power to rural populations in India. Here, OPIC President and CEO Elizabeth Littlefield explains how several global trends are converging to make sustainable development an imperative.
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How OPIC projects make a positive impact

April 14, 2015

OPIC seeks to support projects that will yield multiple, long-lasting benefits. The 2014 annual report takes a look at the many ways a single project to provide financing to a dairy producer in Georgia has had a far-reaching positive impact, including not only increased food production, but job creation, environmental benefits and knowledge transfer. Read more about OPIC’s development impact
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OPIC to play key role in new Caribbean clean energy program

April 10, 2015

OPIC, which has helped support several early-stage clean energy projects in Africa through a partnership with the U.S. Trade and Development Agency (USTDA) and the U.S. Department of State, will play a key role in a similar U.S. program designed to encourage investment in clean energy in Central America and the Caribbean. The new Clean Energy Finance Facility for the
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Featured photo: Bringing clean energy to Rwanda

April 10, 2015

Rwandan workers inspect solar panels at Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital, shortly before the solar field’s opening ceremony in February 2014. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity. OPIC supported the Gigawatt Global project in
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Snapshots in development: Annual report highlights OPIC’s far-reaching impact

April 06, 2015

From Vietnam to Afghanistan, Malawi and Brazil, OPIC supports projects that build power plants and water treatment facilities, increase access to food and healthcare, introduce cleaner sources of energy and help address poverty by building affordable housing and establishing loan facilities to support entrepreneurs and small businesses. OPIC’s 2014 annual report takes an in-depth look at the far-reaching impact of
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Featured photo: Improving healthcare in Angola

April 03, 2015

Healthcare workers review files in the new Luanda Medical and Diagnostic Center in Angola’s capital city. Built with the support of a $9.8 million loan from OPIC, the center is providing affordable treatment and outpatient services, and has introduced new medical diagnostic capabilities such as state-of-the-art MRI and CAT scan technology. The center is projected to serve 87,000 patients per
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ACEF: Unlocking the Potential for Clean, Renewable African Power

April 02, 2015

By Charlie Stadtlander, OPIC External Affairs In February 2014, in a quiet patch of land an hour from Kigali, Rwanda, with the help of the Overseas Private Investment Corporation (OPIC) and Power Africa, energy development in Africa took a historic leap forward. With the snip of a ribbon and the flip of a switch, East Africa’s first grid-connected, utility-scale solar
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The challenge of building affordable housing in developing countries … and how DFIs can help

April 01, 2015

By Debra Erb Managing Director, OPIC Housing Programs (This blog is adapted from a speech Debra Erb delivered in November 2014 at the general meeting of the African Union for Housing Finance.) One of the fundamental steps to advancing development in emerging markets is giving low-income people a secure place to live. As a banker who has successfully assembled financing
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