The OPIC Blog

Archive for the 'Impact investing' Category

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

The business of food security: A look at OPIC’s work in agribusiness

Earlier this week we highlighted OPIC’s growing portfolio of agribusiness projects that are helping increase food production and supporting small farmers. Here, John Aldonas, Deputy Vice President, OPIC Small and Medium Enterprise Finance, describes some of OPIC’s strategies for reaching the smallest farmers who are so critical to advancing food security. OPIC has seen significant growth in its agribusiness portfolio Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

How OPIC supports food security in the developing world

Over the past 10 years, OPIC has grown its agribusiness portfolio ten-fold. This infographic highlights projects OPIC has supported from Haiti to Moldova to Sub-Saharan Africa and illustrates not only OPIC’s commitment to improving food security, but also the recognition that increasing food production is only part of the challenge of reducing hunger and malnutrition. OPIC speaks of agribusiness, rather Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Manjula’s story: A look at one of the many entrepreneurs supported by OPIC investment

In honor of Global Entrepreneurship Week we’re featuring this video of Manjula, an Indian factory worker turned entrepreneur who transformed her life with a small loan provided through an OPIC partnership with Citi. Dissatisfied with her work in a garment factory, Manjula was able to start a small apparel business using a loan from the Indian microfinance institution Ujjivan, which Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

OPIC provides advice to diaspora investors at outreach workshop

OPIC hosted its last Expanding Horizons workshop last month in Boston in partnership with The Aspen Institute’s Diaspora Investment Alliance, which works to help channel investment from diaspora communities in the U.S. into their countries of origin to support positive developmental impacts. This follow-up post from Aspen details how successful the event was in bringing together a large group of Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Education, the environment, and OPIC: Secretary Kerry acknowledges strides made in Central Asia

On October 31, Secretary John Kerry visited the American University of Central Asia (AUCA) in Bishkek, the capital of the Kyrgyz Republic, to commemorate the opening of a new, state-of-the-art campus.   Thanks to a $6 million loan from OPIC alongside USAID support, AUCA was able to construct the new campus, allowing the school to extend current programs and serve Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Featured photo: Revamping education infrastructure in Kyrgyzstan

A new, state-of-the-art campus at American University of Central Asia (AUCA) in Bishkek, Kyrgyzstan, opened its doors on October 31, 2015 with the support of OPIC financing. The expansion will enable the University to expand its enrollment by 33 percent. Access to education is vital for economic growth in developing regions. The new AUCA campus was designed to be eco-friendly Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email