The OPIC Blog

Archive for the 'Financial products' Category

The words say it all: OPIC’s team describes OPIC

Creative. Collaborative. Nimble. Efficient. Effective. Innovative. These are some of the words OPIC’s employees used most often to describe the Agency last year, a year in which we ranked one of the best places to work in the federal government. OPIC’s 2015 annual report features this word cloud that reveals a development agency with a clear and effective mission and Read more…

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OPIC partners pay back

Part 2 in an ongoing series Five years ago, OPIC agreed to provide $55 million financing to Aeris Holding, the operating company of the Juan Santamaria International Airport in San Jose, Costa Rica, to complete a major restructuring that would double the passenger capacity of one of the busiest airports in Central America. Aeris recently  joined a long list of Read more…

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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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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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A new tool for achieving impact: A look at OPIC’s IFIP pilot

One of the ways OPIC has been able to achieve a positive development impact for more than four decades is by consistently innovating its tools and processes. OPIC listens to clients, and regularly introduces new financial and insurance products to better serve our partners. One of those recent innovations is the Innovative Financial Intermediaries Program, or IFIP, which was launched Read more…

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Partner Spotlight: How OPIC helped one Oklahoma business revive an aging Colombian oil field

  It’s said that if you build it they will come, but when trying to introduce a promising technology into an emerging market, it’s not always that easy. Sadanand Joshi (pictured), President of Joshi Technologies of Tulsa, Oklahoma, learned this when he sought to apply an advanced oil production technology he developed to an aging oil field in Colombia. “As a Read more…

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Featured photo: Support for wine producer creates jobs and bolsters agriculture in Georgia

A worker at the Teliani Valley winery in Georgia has been able to increase production, employ more workers and boost local tourism with the help of OPIC financing. OPIC has supported multiple projects that have helped bring stability and economic growth to this small country on Russia’s southern border. By investing in small farmers, and more modern agriculture production, OPIC Read more…

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“Open for Business” at the U.S.-Ukraine Business Forum

In regions around the world near or vulnerable to violent conflict, instability can often be exacerbated by a lack of private sector investment. The governments of the United States and Ukraine have been working together to mitigate this risk in the face of recent conflict in the eastern part of that country. This week they hosted the U.S.-Ukraine Business Forum Read more…

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Featured photo: Improving healthcare in Angola

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 Read more…

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