May 10, 2013
Sherry Ayittey, Ghana’s Minister of Health, seated, tours one of eight new mobile medical clinics that were introduced this month as part of the National Medical Equipment Modernization Project. OPIC is supporting the project by providing political risk insurance to Belstar Development, LLC, the lead investor in the project. These mobile clinics will travel to currently underserved areas of the Read more…
May 07, 2013
OPIC’s newly-released 2012 annual report showcases several key projects and agency priorities of the past year and highlights the role of innovation in our work. Innovation has long been a guiding principal at OPIC, which has built creative deal structures and partnerships to address the challenges of investing in the developing world and worked with several innovative businesses that found Read more…
May 03, 2013
Workers at Plumblink, a South African supplier of plumbing and sanitation equipment that is one of the investments of the OPIC-supported Ethos Fund, that invests in African businesses. OPIC is one of the largest sponsors of private equity funds in emerging markets, supporting investments that contribute to development and often create local jobs.
April 24, 2013
In late 2011, OPIC issued its first Global Engagement Call for proposals from qualified emerging markets private equity fund managers. Similar to earlier requests, the Global Engagement Call again focused on driving private, patient, long-term growth capital to OPIC-eligible emerging markets via investment funds. But it was unique from earlier calls for proposals in that the range of investment strategies Read more…
April 19, 2013
In honor of Earth Day later this month, we are sharing this photo from the U.S. Millennium Challenge Corporation (MCC) of an abundant evening market in Msimba, Tanzania, powered by solar lights, which enables members of the community to shop and sell their goods after the workday is over. The Millennium Challenge Corporation is investing in improving the reliability of Read more…
April 17, 2013
With recent independence in 2011, South Sudan is working to build its economy and facilitate private investment. The new country offers enormous potential with fertile farmland, oil, and natural resources. It also faces challenges to sustainable economic development and facilitating investments common in frontier markets. Looking at ways to help boost the country’s private sector development, OPIC Executive Vice President Read more…
April 05, 2013 April 7th is designated as World Health Day each year by the World Health Organization (WHO) to commemorate that agency’s founding. In conjunction with this, WHO annually highlights a theme that has a significant global health impact and often focuses on issues – such as access to clean water – that are particularly relevant to the developing world. This year, Read more…
April 04, 2013
In Sub-Saharan Africa, access to healthcare is limited, the quality of care is often poor, and the need is great. The continent carries a disproportionate share of the global burden of many diseases from HIV/AIDS to high blood pressure, and this disease load is exacerbated by widespread poverty, food insecurity and poor sanitation. In this challenging environment, where public funding Read more…
March 25, 2013 When in 2011 OPIC provided political risk insurance in connection with the American International School of Bamako in Mali, the West African nation was a stable democracy. The insurance protects against loss of business income, including evacuation expenses, resulting from political violence. Political risk insurance, like all insurance, is a product that the buyer never hopes will be used. But Read more…
March 22, 2013 Friday, March 22 is the United Nations World Water Day, held annually to raise awareness of the importance of fresh water and advocate for the sustainable management of freshwater resources. Each year a specific aspect of water management is highlighted. In 2013, in reflection of the International Year of Water Cooperation, World Water Day is dedicated to the theme of Read more…
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