The OPIC Blog

OPIC partners pay back

Last year, OPIC recognized its partner Sante GMT with an Impact Award for development impact. This year, the Georgia producer of milk and dairy products, which has helped create income for thousands of rural Georgian farmers, earned a different distinction, joining the long list of OPIC partners that have repaid their loans in full. In 2007, OPIC provided Sante with Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

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

Featured photo: Introducing clean cookstoves in Ghana

  Women in Accra, Ghana prepare food on a clean cookstove made by OPIC partner Envirofit International, a Fort Collins, Colorado company that is introducing low-cost cookstoves in the developing world. OPIC has committed $4 million in financing to help Envirofit introduce more cookstoves in Africa, Asia and Latin America. Unsafe cooking techniques are a major health threat across the Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Infographic: Highlights from 2015

OPIC committed $4.4 billion in development in emerging markets in 2015, and the Agency’s portfolio of active projects now totals almost $20 billion. This infographic shows some of the highlights from the year, including our investments to support development in low-income countries, our support for critical infrastructure and energy projects, and our work with small and medium U.S. businesses.

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Featured photo: Raising healthy cattle in Zambia

A herd of cattle at a small farm in southern Zambia where OPIC partner Silverlands Fund has worked to improve livestock health. Silverlands invests in a variety of agricultural businesses in Sub-Saharan Africa, including multiple cattle farms, where it has invested in vaccinations and more nutritious feedstock to help dramatically reduce disease. Silverlands has taken this same approach to improve Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

How OPIC-supported projects improve lives by creating jobs

At a time when about half the world’s population lives on the equivalent of $2 a day, creating more jobs and opportunity is essential to advancing development and improving the lives of the world’s poorest people. When 193 United Nations members gathered in Addis Ababa last summer for the Financing for Development conference, they included “full and productive employment and Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Featured Photo: Supporting entrepreneurs in India

A woman named Manjula, who owns a small dressmaking business in Bangalore, sends fabric to her shop. Manjula is one of the many entrepreneurs and small businesses that OPIC has supported through financing to the Indian microfinance institution Ujjivan alongside fellow lender Citi. Ujjivan offers a range of loans, from individual loans as small as $30, to group loans to 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

Six days in Georgia: A conversation with Kenneth Angell

Part three in a series on OPIC’s work supporting development in Georgia. See the first posts here and here. Last year, OPIC Vice President Judith Pryor visited Georgia and wrote about the dramatic impact OPIC’s support has had on this small country that sits on the southern border of Russia, less than 200 miles from Iran. Here OPIC Managing Director Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email