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Featured photo: Investment in Ukraine ready for growth

May 01, 2015

On April 28, Vitali Klitschko, Mayor of Kyiv, Ukraine, visited OPIC’s President and CEO Elizabeth Littlefield in Washington D.C., to encourage private investment to boost Ukraine’s economic growth and stability. Mayor Klitschko’s message to OPIC and potential investors underscored that Kyiv, which lies several hundred miles from areas of conflict, is stable and ripe for investment – particularly in the
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Featured photo: Preventing malaria deaths

April 24, 2015

Malaria nets hang above the beds in this small health clinic, one of many in Sub-Saharan Africa that has been able to expand and purchase more equipment with the help of Medical Credit Fund (MCF). MCF provides financing to small health clinics in Ghana, Nigeria and Kenya that are a crucial part of healthcare delivery, but often struggle to obtain
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Featured Photo: Investing in renewable energy sources in the Caribbean

April 22, 2015

In honor of Earth Day 2015, this week’s featured photo highlights wind turbines in the Dominican Republic. Built by the AIC Caribbean Fund, the turbines are providing significant clean energy resources throughout the country. In 2011, OPIC provided financing to the fund which financed the construction of the first wind turbine farm in the nation, a mid-scale, grid-connected facility capable
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Featured photo: Bringing clean energy to Rwanda

April 10, 2015

Rwandan workers inspect solar panels at Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital, shortly before the solar field’s opening ceremony in February 2014. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity. OPIC supported the Gigawatt Global project in
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Featured photo: Improving healthcare in Angola

April 03, 2015

Healthcare workers review files in the new Luanda Medical and Diagnostic Center in Angola’s capital city. Built with the support of a $9.8 million loan from OPIC, the center is providing affordable treatment and outpatient services, and has introduced new medical diagnostic capabilities such as state-of-the-art MRI and CAT scan technology. The center is projected to serve 87,000 patients per
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Featured photo: Supporting thousands of women-owned businesses in Turkey

March 27, 2015

The owner of Real Optic, one of many women-owned businesses that has benefited from an OPIC project to support small business lending in Turkey, displays her merchandise at her store in Istanbul. Real Optic is expanding with financing from a Turkiye Garanti Bankasi lending facility, which is being supported by a $400 million OPIC investment guarantee. The Bankasi facility focuses
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Featured photo: Supporting clean and dependable drinking water in Algeria

March 20, 2015

In a desert city surrounded by seawater, a water desalination plant is bringing clean drinking water to many of Algiers’ residents. The plant, which uses reverse osmosis technology, was built with the support of OPIC financing to Ionics Inc. of Watertown, Massachusetts. OPIC provided a $200 million loan to Ionics to help facilitate construction of the plant which is now
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Featured photo: Supporting microfinance lending to women in Africa

March 13, 2015

A BRAC microfinance recipient who has used loan money to support her restaurant business is joined by other women during a solidarity group meeting in Tanzania. OPIC financing has supported microfinance lending in East Africa through BRAC, a Bangladesh development organization. BRAC-Tanzania has opened more than 100 new microfinance branches serving an estimated 109,000 borrowers in Africa, 98 percent of
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Featured photo: Quinoa crop empowers women in Ecuador

March 06, 2015

In honor of International Women’s Day on Sunday, March 8, this photograph represents one of the many women that OPIC seeks to support through its financing. This woman works with the cooperative SumakLife to grow organic quinoa on her farm in Ecuador. SumakLife, which purchases quinoa from indigenous farmers – including many women – works to help them earn fair
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Featured Photo: Breaking ground on the largest private sector wind farm in Jamaica

February 27, 2015

A Jamaican and U.S. government delegation kicks off construction of a 36.3 megawatt wind farm in Jamaica’s Santa Cruz Mountains. The project, which is being supported by a $42.7 million loan from OPIC along with financing from the International Finance Corporation (IFC) and the IFC-Canada Climate Change Program, is being developed by BMR Jamaica Wind Limited. The wind farm will
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