The OPIC Blog

Archive for the 'Impact investing' Category

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

“The most predictable economic transformation in modern times:” OPIC COO John Morton featured in Quartz

Renewable energy investment in developing countries jumped 36 percent between 2013 and 2014 and now exceeds the level of renewable energy invested in developing economies, OPIC Chief Operating Officer John Morton, wrote in this piece in Quartz that examines the large investment in energy infrastructure that will be needed worldwide to keep up with a growing population. “Leading nations, with comparatively Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Microfinance in the digital age

By Anthony Randazzo OPIC Director, Small and Medium Enterprise Finance   According to the World Bank, two billion people in the world today lack access to financial services. Disruptive technology is helping to change that.   While information technology has always been critical to the work of microfinance institutions, technology is profoundly changing the way financial services are being delivered Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

OPIC celebrates record-setting year in private sector-led development

                                    OPIC has announced $4.4 billion in new financing and insurance commitments in fiscal year 2015 to catalyze private sector-led development. The new projects that OPIC supported are expected to bring a total of $14 billion in development-focused investment to emerging economies. This Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email