The OPIC Blog

Archive for the 'Investment funds' Category

OPIC’s Office of Accountability invites public comments on how it provides services

OPIC established its Office of Accountability (OA) in 2005 to provide an independent mechanism to address complaints or concerns that can arise around the environmental or social dimensions of OPIC-supported projects.  The office helps ensure that project workers and local communities have a voice in the projects that OPIC supports. To that end, it provides two primary services upon request: Read more…

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World Humanitarian Day: The world needs more impact investing

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 Read more…

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Featured photo: Bringing modern, affordable healthcare to Pakistan

OPIC President and CEO Elizabeth Littlefield (far left) tours the Aga Khan Hospital and Medical College in Karachi during her July visit to Pakistan. An OPIC loan is supporting the renovation and expansion of the facility that will include the introduction of advanced equipment, a center for medical innovation and a program to subsidize healthcare for poorer patients throughout Pakistan. Read more…

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Client spotlight: Global Partnerships invests more than just money in poor communities in Latin America

What do the world’s poor people need? Money is one simple answer, but money alone is often not enough to support long-term solutions to put individuals and communities on the path to prosperity. Seattle-based Global Partnerships is one OPIC client that has successfully combined microfinance lending with additional non-financial services such as education, training and healthcare to poor communities in Latin Read more…

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Powering Africa: A massive challenge and a major investment opportunity

Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of once poor people joining the middle class. But this recent progress sits against a backdrop of major ongoing developmental challenges, many of them related to access to electricity. Because it is essential Read more…

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Paper features OPIC President Elizabeth Littlefield on the role of the private sector in Pakistan’s development

This week, OPIC President and CEO Elizabeth L. Littlefield is visiting Pakistan to discuss investment opportunities with the business community. The visit was highlighted in local media on Monday with an op-ed published by President Littlefield on the important role of the private sector in development. “Today, American and Pakistani businesses are increasingly linking up and succeeding together, and those Read more…

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Featured photo: Local retailer supports jobs and sustainable development in Guatemala

The Guatemala City flagship store of Cemaco, a family-owned business that operates 20 retail stores throughout Guatemala selling hardware, home goods ,toys and baby gear. OPIC, through a loan guaranty to World Business Capital, supported a $9,750,000 loan to help the business expand. The Cemaco retail chain currently has about 1,500 local employees and is committed to sustainable business practices Read more…

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Tailoring finance tools for impact investors

This is the second blog post in an occasional series By Mitchell L. Strauss, Special Advisor, Socially Responsible Finance In my earlier blog post I explored OPIC’s contributions to the evolving impact investing sector, mostly by providing financing and insurance products to help American companies working in emerging markets. In addition to these core products, OPIC continues to innovate and Read more…

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OPIC to play key role in President Obama’s Power Africa initiative

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population Read more…

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OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access Read more…

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