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Featured photo: Ellicott Dredges, winner of OPIC’s Impact Award for American Small Business

March 21, 2014

Dredging equipment made in the U.S. by OPIC client Ellicott Dredges LLC is shipped overseas. Ellicott sells its equipment in countries around the world, including Iraq, where it is used to help improve flood control and restore hydroelectric dams. The company, which uses OPIC political risk insurance to support these equipment sales, last week was awarded OPIC’s Impact Award in
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Featured Photo: ContourGlobal’s Togo power plant, winner of OPIC’s Impact Award for Critical Infrastructure

March 14, 2014

Inside the 100 megawatt Lomé Thermal Power Plant in Togo, which was completed in 2010 with the support of OPIC financing and political risk insurance. The project was one of the largest investments ever made in the Republic of Togo and it succeeded in tripling the country’s energy generation capacity and significantly reducing rolling blackouts. During the Impact Awards ceremony
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OPIC’s Impact Awards: A recap in photos

March 12, 2014

OPIC’s March 11 inaugural Impact Awards ceremony was a big success and helped us highlight the ways our clients are making a difference around the world. In this post we showcase the winners. Global Partnerships: Access to Finance Award OPIC loan recipient Global Partnerships, one of the three clients awarded the Access to Finance award, facilitates small microfinance loans in
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Featured photo: construction in Malawi

March 07, 2014

In Blantyre, Malawi’s commercial center, investors are seeking opportunities in multiple industries, including hospitality. Here, a group of workers at the construction site of a high end hotel that could accommodate business people and help attract investment. An OPIC delegation recently visited Malawi to talk with investors and government officials about opportunities to support additional private sector investment.

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Featured photo: OPIC delegation in Rwanda meets President Kagame

February 28, 2014

OPIC President and CEO Elizabeth Littlefield met Feb. 27 with Rwandan President Paul Kagame while visiting the country to learn more about opportunities to support private sector investment. OPIC supports multiple agriculture projects in the country and is seeking additional ways to help address the country’s need for additional electricity, infrastructure and access to finance. Rwanda, which is about the
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Featured Photo: Geothermal energy in Kenya

January 31, 2014

Hot steam is transmitted by pipeline at the Ormat geothermal plant in Kenya, a major source of renewable energy generation, which was recently expanded with the support of OPIC financing. In the foreground, plant managers meet with Hal Connolly, senior advisor for energy and the environment, to Senator Bob Menendez (D-NJ), Chair of the Senate Foreign Relations Committee. Connolly was
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Featured photo: OPIC visit to Ghana

January 17, 2014

OPIC President Elizabeth Littlefield holds a press conference in Accra, Ghana following a meeting with Ghana’s Vice President, Kwesi Amissah-Arthur. Littlefield traveled last month with an OPIC delegation to Ghana, Senegal and Liberia, where she toured OPIC-supported projects and met with government and business leaders to discuss development investment opportunities.

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Featured photo: Tablet-based teaching offers a scalable education model in Kenya

December 20, 2013

A teacher at one of Bridge International Academies’ schools in rural Kenya delivers a lesson via a tablet computer. OPIC is supporting Bridge’s expansion in Kenya with a $10 million loan. Bridge’s innovative model for educating large numbers of poor children is based on a standardized curriculum that each teacher accesses from an electronic device. NPR recently described the model
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Featured photo: OPIC on Capitol Hill

December 13, 2013

Elizabeth Littlefield, OPIC President and CEO (pictured with Judith Pryor, OPIC Vice President, Office of External Affairs) testified December 11 on Capitol Hill about OPIC’s success supporting development and U.S. foreign policy in developing nations, while also generating income for deficit reduction.

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Featured photo: OPIC delegation in West Africa

December 06, 2013

OPIC President and CEO Elizabeth Littlefield meets with Macky Sall, President of Senegal, while traveling with an OPIC delegation to West Africa. Africa has become a region of increased focus for OPIC in recent years and will play a key role in the U.S. Power Africa initiative to double access to electricity on the continent.

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