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Rebuilding Haiti one concrete block at a time

April 25, 2013

“You can’t build a country without concrete.” The statement has particular relevance in Haiti, where, more than three years since a 7.0 magnitude earthquake resulted in extensive death and destruction, the country is still working to repair and rebuild and assume a path of sustained economic vitality. Luis Garcia (pictured), spoke about the importance of basic building materials like concrete
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OPIC‘s Project 158 drives private equity capital to emerging markets

April 24, 2013

In late 2011, OPIC issued its first Global Engagement Call for proposals from qualified emerging markets private equity fund managers. Similar to earlier requests, the Global Engagement Call again focused on driving private, patient, long-term growth capital to OPIC-eligible emerging markets via investment funds. But it was unique from earlier calls for proposals in that the range of investment strategies
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Laying the foundation for investments in South Sudan

April 17, 2013

With recent independence in 2011, South Sudan is working to build its economy and facilitate private investment. The new country offers enormous potential with fertile farmland, oil, and natural resources. It also faces challenges to sustainable economic development and facilitating investments common in frontier markets. Looking at ways to help boost the country’s private sector development, OPIC Executive Vice President
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Featured photo: Bolstering the dairy industry in Georgia

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
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Featured photo: World Health Day: Improving Medical Technology in Russia

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
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World Health Day highlights need for better health care in developing countries

April 05, 2013

April 7th is designated as World Health Day each year by the World Health Organization (WHO) to commemorate that agency’s founding. In conjunction with this, WHO annually highlights a theme that has a significant global health impact and often focuses on issues – such as access to clean water – that are particularly relevant to the developing world. This year,
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Improving health care in Africa, one clinic at a time

April 04, 2013

In Sub-Saharan Africa, access to healthcare is limited, the quality of care is often poor, and the need is great. The continent carries a disproportionate share of the global burden of many diseases from HIV/AIDS to high blood pressure, and this disease load is exacerbated by widespread poverty, food insecurity and poor sanitation. In this challenging environment, where public funding
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Featured Photo: Home improvement loans backed by OPIC keep Cambodian architecture alive

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
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Political risk insurance at work: Mali school operates amid political turmoil

March 25, 2013

When 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
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World Water Day highlights need for clean water, sanitation in developing world

March 22, 2013

Friday, 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
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