The OPIC Blog

Archive for October, 2013

Featured photo: Providing affordable transportation in Monrovia

A shortage of affordable public transportation in Liberia’s capital city has forced many residents to rely on taxis and overcrowded jitneys. A $1 million OPIC loan to NuStrata Logistics LLC of Mount Laurel, New Jersey is supporting the expansion of the start-up Lizard Bus line, named for the red-headed Agama lizard that is indigenous to West Africa and a symbol Read more…

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Financial inclusion for Africa’s healthcare providers

By Dia Martin, OPIC, Senior Investment Officer On a continent that carries a disproportionate share of many diseases from HIV-AIDS to high blood pressure, access to finance poses a major challenge to the small clinics that serve so many lower and middle class Africans. These clinics often struggle to access even small amounts of credit to maintain or expand their Read more…

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Featured photo: Honduras housing project provides school on premises

Inter-Mac International Inc., which used OPIC financing to build a community of affordable homes on Choloma, Honduras, also built a number of community services on site, including an elementary school. See more pictures from this housing project in our Facebook photo album.

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On World Food Day, U.N. highlights “the world’s greatest solvable problem”

Despite significant progress in recent decades, an estimated 842 million people, or about one in eight of the people in the world, still suffer from chronic hunger. Since 1979, the Food and Agriculture Organization of the United Nations (FAO) has recognized World Food Day each year on Oct. 16 to draw attention to what it calls the world’s greatest solvable Read more…

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Featured photo: Modern neonatal care in Pakistan

The Aga Khan Hospital in Karachi, Pakistan was recently renovated and expanded with the support of OPIC financing. In addition to the new neonatal and pediatric and intensive care unit pictured, the expanded facility includes an ambulatory care building, a center for innovation in medical education, a child care center, a new private wing that will subsidize healthcare to poorer Read more…

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A Shared Opportunity between OPIC and CSIS: Bea Perez

Today’s Shared Opportunity e-card features Bea Perez, Chief Sustainability Officer, The Coca-Cola Company. Click here to see the most recent Shared Opportunity e-card, featuring Carolyn Y. Woo, President and CEO, Catholic Relief Services.

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A Shared Opportunity between OPIC and CSIS: Carolyn Y. Woo

Today’s Shared Opportunity e-card features Carolyn Y. Woo, President and CEO, Catholic Relief Services. Click here to see the most recent Shared Opportunity e-card, featuring Helene D. Gayle, President and CEO, CARE USA.

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Engaging communities in Togo and around the world

By Keith Kozloff Director, OPIC Office of Accountability In supporting private investment in emerging markets, OPIC strives to also support local communities near project sites. A 100-megawatt power plant in Togo, which was built with the support of OPIC financing and political risk insurance, is one project that delivered significant local benefits. In addition to dramatically increasing power generation and Read more…

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Featured Photo: In Togo, OPIC project supports the community

Leaders and members of a women’s market in the Kanyikope community near Lomé, Togo. The market was created by ContourGlobal and is one of the ways the power company has supported local communities while developing a power plant. The Lomé Thermal power plant, which has tripled electricity capacity in one of Africa’s poorest countries, was built by ContourGlobal and supported Read more…

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A Shared Opportunity between OPIC and CSIS: Helene D. Gayle

Today’s Shared Opportunity e-card features Helene D. Gayle, President and CEO, CARE USA. Click here to see the most recent Shared Opportunity e-card, featuring Theodore E. McCarrick, Archbishop Emeritus of Washington.

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