The OPIC Blog

Archive for the 'Impact investing' Category

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…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

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…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Partner Spotlight: Envirofit Chairman and CEO Ron Bills on a scalable solution to indoor air pollution

Earlier this year, OPIC committed a $4 million loan to Envirofit International, a Fort Collins, Colorado business that was formed 13 years ago in a spinoff from Colorado State University’s Engines and Energy Conservation Lab. With a mission to develop solutions to global energy and health challenges, Envirofit has put much of its focus on developing clean cookstoves to reduce indoor Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Littlefield speaks on CSIS panel on impact investing

As impact investing evolves from a somewhat “clubby” sector to a mainstream investment tool, development finance institutions like OPIC are playing a key role, OPIC President and CEO Elizabeth Littlefield told a January 14 panel on impact investing. In addition to accounting for a large share of the total invested in the sector, DFIs are providing a source of “patient Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

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…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

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…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Partnering with business as a force for good in the world: A conversation with Elizabeth L. Littlefield

The year 2015 has been a banner year for OPIC with the Agency’s total portfolio reaching a record-high of almost $20 billion, new finance and insurance commitments totaling $4.4 billion and 43 percent of that total going to low-income countries. At the same time, OPIC has placed a strong focus on internal operations, taking steps to improve efficiency, expand staff Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Featured photo: Expanding access to higher education in Tajikistan

Construction of the University of Central Asia campus in Khorog, Tajikistan progresses as the school prepares to open its doors in September 2017. With support from a $30 million loan from OPIC, the university will offer an extensive curriculum in earth and environmental sciences and economics, computer sciences, communications, engineering, as well as business and management. In addition to addressing Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

OPIC marks a key anniversary as a self-sustaining government agency

Thirty-one years ago this month, OPIC presented President Ronald Reagan with a check for $50 million, making good on its promise to pay back every cent of the funds that Congress had allocated to start the agency in 1971. Reagan accepted the check and emphasized that OPIC’s success shows how “the private sector is the best engine for economic growth Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email