May 17, 2013
Los Castanos de Choloma affordable housing project in Choloma, Honduras, was designed with a central park area that provides shelter from surrounding violence and encourages residents to maintain and take pride in their property. Inter-Mac International Inc. is using OPIC financing to build a community of 2,400 single-family homes that are affordable to working families earning minimum wage. Inter-Mac is Read more…
May 10, 2013
Sherry Ayittey, Ghana’s Minister of Health, seated, tours one of eight new mobile medical clinics that were introduced this month as part of the National Medical Equipment Modernization Project. OPIC is supporting the project by providing political risk insurance to Belstar Development, LLC, the lead investor in the project. These mobile clinics will travel to currently underserved areas of the Read more…
May 03, 2013
Workers at Plumblink, a South African supplier of plumbing and sanitation equipment that is one of the investments of the OPIC-supported Ethos Fund, that invests in African businesses. OPIC is one of the largest sponsors of private equity funds in emerging markets, supporting investments that contribute to development and often create local jobs.
April 19, 2013
In honor of Earth Day later this month, we are sharing this photo from the U.S. Millennium Challenge Corporation (MCC) of an abundant evening market in Msimba, Tanzania, powered by solar lights, which enables members of the community to shop and sell their goods after the workday is over. The Millennium Challenge Corporation is investing in improving the reliability of Read more…
April 12, 2013
Limited financing opportunities in Georgia made it difficult for the country’s dairy industry to expand production and guarantee quality. In 2009, Sante GMT, the largest dairy and juice production facility in Georgia, was approved for a $10 million loan from OPIC to help the business expand business operations and increase production. In a few years, Sante GMT expanded its business Read more…
April 05, 2013
ACD Research Inc, a New York based company, is using OPIC insurance to access new health technology equipment for the Samara Oncology Center in Russia. This has enabled the center to offer cancer treatment with state of the art equipment and better meet the healthcare needs of patients far outside of Moscow. As a result, Samara Oncology Center was recently Read more…
March 29, 2013
OPIC 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 Read more…
March 22, 2013
OPIC President and CEO Elizabeth Littlefield and OPIC Board Member and New Hampshire native Jim Demers met with U.S. Senators Jeanne Shaheen (D-NH) and Kelly Ayotte (R-NH) to discuss OPIC’s ongoing efforts to encourage U.S. private sector investment in emerging markets. OPIC helps private sector companies break into emerging markets overseas to create jobs and growth opportunities here at home. Read more…
March 15, 2013
The 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 Read more…
March 08, 2013
By 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 Read more…
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