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Securing water in a water scarce region

January 30, 2015

A worker welds a pipeline helping transport water from southern Jordan to Amman. OPIC provided financing and political risk insurance to support the construction of the 202-mile water pipeline, built by Disi Water, in Jordan – one of the most water-scarce countries in the world. Completed in 2014, Disi Water is providing dependable water to the people of Amman and
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Obama highlights OPIC’s role supporting development in India

January 27, 2015

President Barack Obama this week highlighted OPIC’s work supporting lending to small and medium businesses in India, when he spoke at the U.S. India Business Council. Obama, who visited India along with OPIC President Elizabeth Littlefield to mark the anniversary of India’s independence, said that OPIC financing would support lending in many of India’s rural and urban regions that are
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U.S.-Africa Clean Energy Finance Initiative – Supporting renewable energy to power Africa

January 13, 2015

By John Morton, OPIC Chief of Staff Imagine an expanse of land stretching from the Statue of Liberty to the Golden Gate Bridge in which most residents live their daily lives without a single watt of electricity. Some 300 million Americans would travel home from work on darkened streets, read at night by the light of candles, think twice about
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Featured photo: Modern machinery for smallholder farmers in Senegal

December 05, 2014

Smallholder farmers harvest grain more efficiently with modern equipment provided by Aventura Investment Partners, an OPIC client that provides both equipment and training on best practices to help these farmers significantly improve yields. While much of Africa’s food is grown by small-scale farmers with plots of less than four acres, these farmers often lack basic equipment, like tractors, which significantly
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Impressive solar energy focus helps OPIC bolster U.S.-Chile relations

July 02, 2014

When Chile’s President Michelle Bachelet met with President Obama at the White House June 30, one of the topics the two leaders discussed was energy cooperation between the United States and Chile. “We’re both very interested in energy, and how we can transition to a clean-energy economy,” said President Obama. “We’ll be announcing some collaborations including the facilitation of construction
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The little document that makes a big difference in project finance: Why a Bankable PPA helps private investment in African power

June 13, 2014

One of the ways OPIC supports President Obama’s Power Africa initiative – in addition to providing loans and insurance to help build new power plants – is by sharing its extensive experience doing business in emerging markets. The Agency has supported multiple large-scale power projects in Africa and understands the hurdles to successful development. One document OPIC helped develop to
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Unlocking private climate investment: Two lessons from OPIC and Ex-Im Bank

April 07, 2014

By Giulia Christianson, Sustainable Finance, World Resources Institute Overcoming the climate change challenge won’t come cheap. A World Economic Forum report released last year, for example, estimates that the world will need to invest at least $5.7 trillion annually in green infrastructure by 2020 in order to limit the worst impacts of climate change. In addition to the significant amounts of finance
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Spotlight on OPIC Impact Award winners: Inter-Mac International

April 01, 2014

  When OPIC leadership set out to identify outstanding clients for its inaugural Impact Awards held earlier this month, one award category, Access to Finance, generated a three way tie. This abundance of excellent work underscores how access to finance is a critical part of sustainable development, as well as how great the need is. Millions of people in the
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Spotlight on OPIC’s Impact Award in the access to finance category

March 03, 2014

The inaugural OPIC Impact Awards are just over a week away and we’re on the third post in the series to introduce the six categories represented at the event:  Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity and American Small Business. Today’s spotlight is on Access to Finance, a category so rich in candidates that we will
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Project spotlight: Hamma desalination plant provides clean drinking water for hundreds of thousands of Algerian families

January 29, 2014

A decade ago, Algeria’s capital city of Algiers was suffering a severe shortage of clean drinking water, resulting in strict rationing, stockpiling, as well as the consumption of dirty water by households and farms. The solution, as with so many major development challenges requiring large investments in infrastructure, came in the form of a public-private partnership involving the Algerian government,
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