The OPIC Blog

Archive for the 'Photos' Category

Featured photo: Sustainable Barramundi farming in Vietnam

A technician at the Australis fish farm in Vietnam checks on a nursery tank for young Barramundi, a fish species native to Southeast Asia. With financing from OPIC, the Turners Falls, Massachusetts-based Australis has expanded operations to Van Phong Bay, Vietnam where it operates the world’s largest Barramundi farm, specializes in sustainable and eco-friendly aquaculture, and employs one hundred local Read more…

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Featured photo: Affordable housing in South Africa

Newly constructed homes built with investments from the OPIC-supported South African Workforce Housing Fund, are providing housing to nearly 8,000 low-income and working class families in Johannesburg. By investing in low-income housing the fund has also helped establish the affordable home sector as a viable asset class in the market, attracting further development capital to address South Africa’s housing shortage. Read more…

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Featured photo: Modern machinery for smallholder farmers in Senegal

Smallholder farmers harvest grain more efficiently with modern equipment provided by Aventura Investment Partners, an OPIC client that provides both equipment and training on best practices to help these farmers significantly improve yields. While much of Africa’s food is grown by small-scale farmers with plots of less than four acres, these farmers often lack basic equipment, like tractors, which significantly Read more…

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Featured photo: Improving health services in Albania

Technicians at the American Hospital in Albania conduct lab tests on modern equipment not available in many of the country’s public hospitals. The healthcare sector in Albania, one of Europe’s poorest counties, has struggled in recent years and routine procedures such as dialysis and laboratory analysis were largely unavailable to the general population. The American Hospital has been able to Read more…

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Featured photo: Generating power in Jordan

Over the past few years, strong economic growth in Jordan has increased the demand for power beyond the country’s generation capacity. The 240MW AES Levant Power Plant, which was financed by a $170 million OPIC loan in addition to a $100 million loan from the European Bank for Reconstruction and Development, is strengthening the stability and supply of energy in Read more…

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Featured photo: Support for small businesses in the Middle East

OPIC President and CEO Elizabeth Littlefield toured a water bottling company in Ramallah this week during her trip to the West Bank, Israel and Jordan. This company received financing through the nonprofit Middle East Investment Initiative, an OPIC partner that supports small businesses in the Middle East. These small enterprises are critical to the region’s economic growth and job creation, Read more…

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Featured photo: Bringing healthcare to rural Hondurans

Doña Chila became a volunteer community pharmacist serving the 2,500 residents of El Tigre Island in Honduras through a training program provided by a local partner of social investment fund Global Partnerships. Each day she counsels at least 15 customers about recommended medications and dosages. Global Partnerships is an OPIC client that provides small microfinance loans in rural communities and Read more…

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Featured photo: Illuminating rural villages in India

A snack shop owner in a small town near Mangalore, India gets electricity to light the store from a simple pay-as-you-go solar system provided by Simpa Energy India Ltd., a subsidiary of Simpa Networks of Seattle. OPIC recently committed a $3 million loan to Simpa to support the introduction of up to 50,000 new solar systems in rural parts of Read more…

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Featured photo: Supporting microfinance lending in sub-Saharan Africa

The credit portfolio manager of WAGES, a microfinance institution in Sub-Saharan Africa, speaks to a group of farmers in Togo who have used micro-loans to install micro-irrigation systems to improve crop productivity. OPIC, along with the Calvert Foundation, is providing financing for the launch of a new fund for microfinance institutions that are members of the Participatory Microfinance Group for Read more…

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Featured photo: OPIC meets with community groups near Kenya’s Lake Turkana

OPIC’s Office of Investment Policy recently met with community groups at Lake Turkana in Northern Kenya as part of a due diligence review of the Lake Turkana wind power project. During the summer, OPIC’s board approved a $250 million financing commitment to support construction of the 310-megawatt Lake Turkana wind power plant, which will boost Kenya’s installed energy capacity by Read more…

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