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The OPIC Blog
Featured Photo: Home improvement loans backed by OPIC keep Cambodian architecture aliveMarch 29, 2013OPIC Managing Director of Micro and SME Finance Loren Rodwin, left, visits the home of Pen Phalla, center, a Cambodian grocery store owner who is using a $3000 home improvement loan to expand her house and business in the traditional Khmer architectural style. A Cambodian microfinance institution, Thaneakea Phum (Cambodia), Ltd. (TPC), is using a $5 million OPIC loan to Political risk insurance at work: Mali school operates amid political turmoilMarch 25, 2013When in 2011 OPIC provided political risk insurance in connection with the American International School of Bamako in Mali, the West African nation was a stable democracy. The insurance protects against loss of business income, including evacuation expenses, resulting from political violence. Political risk insurance, like all insurance, is a product that the buyer never hopes will be used. But World Water Day highlights need for clean water, sanitation in developing worldMarch 22, 2013Friday, March 22 is the United Nations World Water Day, held annually to raise awareness of the importance of fresh water and advocate for the sustainable management of freshwater resources. Each year a specific aspect of water management is highlighted. In 2013, in reflection of the International Year of Water Cooperation, World Water Day is dedicated to the theme of 
By rays or by breeze, OPIC projects account for more than half of response to Peru’s first renewable energy auctionMarch 21, 2013By: Tim Harwood OPIC Board approval today of $193 million in financing for the first large-scale wind project on Peru’s power grid means that when the project’s power generation commitment is added to that of two solar projects that the Board approved in 2011 and 2012 OPIC will have supported more than half of the power generated by private sector responses 
Featured photo: From Ohio to IndiaMarch 15, 2013The 10 megawatt Bhandardara Power House hydro plant in India’s Maharashtra State, was rehabilitated and reopened in 2001 by DLZ Corp., of Columbus, Ohio with the support of a $5 million loan. The plant, which was originally built by the local Maharashtra government, had been rendered inoperative after a fire in 1996. DLZ, a civil engineering company, is one of 
International Women’s Day: Six ways OPIC supports women around the worldMarch 08, 2013By Judith Pryor, Vice President, OPIC Office of External Affairs Since 1987, the United States has recognized March as Women’s History Month, and since the early 1900s, International Women’s Day has been observed all over the world. This year’s theme, “The Gender Agenda: Gaining Momentum,” recognizes that equality is an essential part of a modern progressive world. The theme is 
Two OPIC deals named on IFC’s list of top public-private partnershipsMarch 07, 2013Public-private partnerships have long been at the core of OPIC’s work supporting development. They are increasingly being recognized as an effective tool not just to finance major infrastructure projects, but also to reduce poverty by supporting projects to expand food production and access to education, healthcare, clean energy, and financial services. A new publication, Emerging Partnerships, lists two OPIC projects A world of opportunity: OPIC’s interactive map featureMarch 05, 2013 OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range 
Featured photo: Housing construction in HaitiMarch 01, 2013The Cabaret Housing Settlement in Haiti, where about 156 houses will be built, is helping to address a critical need for housing in Haiti, where more than 360,000 people continue to live in tents and other temporary housing in the wake of the 2010 earthquake. OPIC is supporting this need for housing by providing financing to Development Innovations Group (DIG) OPIC’s President and CEO heads to Haiti to support micro lending for sustainable reconstructionFebruary 25, 2013This week, OPIC’s President and CEO Elizabeth Littlefield will lead a delegation of OPIC representatives on a visit to Haiti to launch an important mortgage finance project developed in partnership with the U.S. Agency for International Development (USAID) and the Clinton Bush Haiti Fund. Development Innovations Group (DIG), a U.S.-based housing finance and urban development firm, will manage the project. |
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