The OPIC Blog

Featured photo: From an unstable past to a more prosperous and secure future

A cityscape of Tbilisi, the capital of Georgia, where OPIC has invested more than $500 million across 50 development projects since the country gained independence in 1991. As the first development institution to invest significantly in this former Soviet Republic, OPIC has played a central role in helping Georgia rebuild war-torn buildings, upgrade its infrastructure and modernize its agricultural sector. Read more…

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New video highlights OPIC’s work in Georgia

OPIC has played a key role in Georgia’s shift from an unstable past to a more prosperous and secure future.  This new video highlights our work as one of the first development institutions to invest in Georgia after it declared independence from the Soviet Union in 1991. Georgia faced major challenges in the early 1990s including an economic crisis, political Read more…

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Partner Spotlight: Envirofit Chairman and CEO Ron Bills on a scalable solution to indoor air pollution

Earlier this year, OPIC committed a $4 million loan to Envirofit International, a Fort Collins, Colorado business that was formed 13 years ago in a spinoff from Colorado State University’s Engines and Energy Conservation Lab. With a mission to develop solutions to global energy and health challenges, Envirofit has put much of its focus on developing clean cookstoves to reduce indoor Read more…

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OPIC partners pay back

Last year, OPIC recognized its partner Sante GMT with an Impact Award for development impact. This year, the Georgia producer of milk and dairy products, which has helped create income for thousands of rural Georgian farmers, earned a different distinction, joining the long list of OPIC partners that have repaid their loans in full. In 2007, OPIC provided Sante with Read more…

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By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

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Featured photo: Introducing clean cookstoves in Ghana

  Women in Accra, Ghana prepare food on a clean cookstove made by OPIC partner Envirofit International, a Fort Collins, Colorado company that is introducing low-cost cookstoves in the developing world. OPIC has committed $4 million in financing to help Envirofit introduce more cookstoves in Africa, Asia and Latin America. Unsafe cooking techniques are a major health threat across the Read more…

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Infographic: Highlights from 2015

OPIC committed $4.4 billion in development in emerging markets in 2015, and the Agency’s portfolio of active projects now totals almost $20 billion. This infographic shows some of the highlights from the year, including our investments to support development in low-income countries, our support for critical infrastructure and energy projects, and our work with small and medium U.S. businesses.

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Featured photo: Raising healthy cattle in Zambia

A herd of cattle at a small farm in southern Zambia where OPIC partner Silverlands Fund has worked to improve livestock health. Silverlands invests in a variety of agricultural businesses in Sub-Saharan Africa, including multiple cattle farms, where it has invested in vaccinations and more nutritious feedstock to help dramatically reduce disease. Silverlands has taken this same approach to improve Read more…

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How OPIC-supported projects improve lives by creating jobs

At a time when about half the world’s population lives on the equivalent of $2 a day, creating more jobs and opportunity is essential to advancing development and improving the lives of the world’s poorest people. When 193 United Nations members gathered in Addis Ababa last summer for the Financing for Development conference, they included “full and productive employment and Read more…

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Featured Photo: Supporting entrepreneurs in India

A woman named Manjula, who owns a small dressmaking business in Bangalore, sends fabric to her shop. Manjula is one of the many entrepreneurs and small businesses that OPIC has supported through financing to the Indian microfinance institution Ujjivan alongside fellow lender Citi. Ujjivan offers a range of loans, from individual loans as small as $30, to group loans to Read more…

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