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
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
October 25, 2013
A shortage of affordable public transportation in Liberia’s capital city has forced many residents to rely on taxis and overcrowded jitneys. A $1 million OPIC loan to NuStrata Logistics LLC of Mount Laurel, New Jersey is supporting the expansion of the start-up Lizard Bus line, named for the red-headed Agama lizard that is indigenous to West Africa and a symbol
October 21, 2013
By Dia Martin, OPIC, Senior Investment Officer On a continent that carries a disproportionate share of many diseases from HIV-AIDS to high blood pressure, access to finance poses a major challenge to the small clinics that serve so many lower and middle class Africans. These clinics often struggle to access even small amounts of credit to maintain or expand their
October 18, 2013
Inter-Mac International Inc., which used OPIC financing to build a community of affordable homes on Choloma, Honduras, also built a number of community services on site, including an elementary school. See more pictures from this housing project in our Facebook photo album.
October 16, 2013
Despite significant progress in recent decades, an estimated 842 million people, or about one in eight of the people in the world, still suffer from chronic hunger. Since 1979, the Food and Agriculture Organization of the United Nations (FAO) has recognized World Food Day each year on Oct. 16 to draw attention to what it calls the world’s greatest solvable
October 11, 2013
The Aga Khan Hospital in Karachi, Pakistan was recently renovated and expanded with the support of OPIC financing. In addition to the new neonatal and pediatric and intensive care unit pictured, the expanded facility includes an ambulatory care building, a center for innovation in medical education, a child care center, a new private wing that will subsidize healthcare to poorer
October 10, 2013
Today’s Shared Opportunity e-card features Bea Perez, Chief Sustainability Officer, The Coca-Cola Company. Click here to see the most recent Shared Opportunity e-card, featuring Carolyn Y. Woo, President and CEO, Catholic Relief Services.
October 08, 2013
Today’s Shared Opportunity e-card features Carolyn Y. Woo, President and CEO, Catholic Relief Services. Click here to see the most recent Shared Opportunity e-card, featuring Helene D. Gayle, President and CEO, CARE USA.
October 07, 2013
By Keith Kozloff Director, OPIC Office of Accountability In supporting private investment in emerging markets, OPIC strives to also support local communities near project sites. A 100-megawatt power plant in Togo, which was built with the support of OPIC financing and political risk insurance, is one project that delivered significant local benefits. In addition to dramatically increasing power generation and