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Measuring and monitoring impact: How one OPIC-supported school in Ghana delivers extensive benefits to local students and the surrounding community (Part Four in a series)

February 03, 2014

In 2006, OPIC provided a $1.74 million loan to support expansion of the International Community School (ICS) in Kumasi, Ghana, allowing the school  to double enrollment to more than 1,000 K-12 students. Unlike some other international schools in Ghana that serve a largely expatriate population, ICS focuses on educating Ghanaians to prepare them to be leaders in their own communities
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Creating an impact investing strategy: OPIC’s approach featured in Stanford Social Innovation Review

January 24, 2014

In recent years OPIC has made it a priority to support impact investing and between 2008 and 2012 the Agency supported $2.4 billion in impact investments. Some of the challenges it has encountered in this relatively new investing sector are discussed in this blog post in the Stanford Social innovation Review, where OPIC outlines the process it adopted for identifying
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Getting to dawn in Sub-Saharan Africa: OPIC’s Whalen on the changing investment climate on the continent

January 22, 2014

OPIC Vice President, Structured Finance, Michael Whalen wrote about Africa’s energy deficit in Project Finance International’s 2014 Yearbook, where he said that an improving investment climate and the U.S. Power Africa initiative have created momentum for increased electrification “after years of missed opportunities.” “For a long time global appetite for project finance in Africa was strongly concentrated in natural resource
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Littlefield in AllAfrica: Africa can be transformed with public-private investment

December 03, 2013

How can Africa fully compete when countless factories and computers go dark during rolling blackouts? How can it compete in an era of non-stop, round-the-clock communication when millions go home to candles or lanterns? Although Africa has made great strides in industries like transportation, manufacturing and telecommunications, some 600 million Africans still lack access to basic electricity. In a guest
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Measuring and monitoring impact: Five ways development impacts lives (Part Three in a series)

November 06, 2013

This post is the third in a series on OPIC’s work measuring and monitoring the developmental impact of the projects it supports. To view the previous posts click here and here. Some benefits of an investment in a developing country are obvious. A new power plant, for example, provides a reliable source of electricity to people who may have been
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OPIC, other international finance institutions to work toward harmonizing the way they track development results

November 01, 2013

Development Finance Institutions (DFIs) such as OPIC strive to measure the local impact of their investments, but have different methods for doing so.  And, when they work jointly with the same clients, they sometimes request the same information in different ways, creating a reporting burden on clients. Last month, twenty-five DFIs including OPIC signed a memorandum in which they agreed
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Featured photo: OPIC supports literacy in developing countries

September 06, 2013

In honor of International Literacy Day on September 8, this week we feature a photo of a student at the International Community School in Kumasi, Ghana. An OPIC loan has helped fund the expansion of this K-12 school, which offers a rigorous curriculum that prepares students for college and careers. Read more about this story.

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Alemayehou: Public private partnerships can transform Africa

August 23, 2013

As much of Africa enjoys a period of unprecedented economic growth, it also faces the challenge of how to sustain and extend this progress. In a recent piece for AllAfrica.com, OPIC Executive Vice President Mimi Alemayehou notes that augmenting and maintaining the infrastructure needed to support this growth will cost hundreds of billions of dollars a year for the foreseeable
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World Humanitarian Day: The world needs more impact investing

August 19, 2013

In 2003, the United Nations created World Humanitarian Day to recognize those who face danger and adversity in order to help others. This year, the United Nations has created a new campaign called “The World Needs More” to literally turn words into aid. By sharing words like #development, #aid and #education on Twitter, users can join in providing much needed
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OPIC recognizes International Youth Day 2013

August 12, 2013

Today is International Youth Day, a day created by the United Nations in 1999 to mark the important contribution youth make to the world. This year, International Youth Day focuses on youth migration and the rewards and risks associated with it. According to a 2012 report by the UN Capital Development Fund, 85 percent of youth currently live in developing
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