The OPIC Blog

Archive for the agriculture Tag

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…

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The business of food security: A look at OPIC’s work in agribusiness

Earlier this week we highlighted OPIC’s growing portfolio of agribusiness projects that are helping increase food production and supporting small farmers. Here, John Aldonas, Deputy Vice President, OPIC Small and Medium Enterprise Finance, describes some of OPIC’s strategies for reaching the smallest farmers who are so critical to advancing food security. OPIC has seen significant growth in its agribusiness portfolio Read more…

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How OPIC supports food security in the developing world

Over the past 10 years, OPIC has grown its agribusiness portfolio ten-fold. This infographic highlights projects OPIC has supported from Haiti to Moldova to Sub-Saharan Africa and illustrates not only OPIC’s commitment to improving food security, but also the recognition that increasing food production is only part of the challenge of reducing hunger and malnutrition. OPIC speaks of agribusiness, rather Read more…

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Featured photo: Sweet success in Uganda

In honor of World Food Day, we are highlighting agribusiness entrepreneurs such as Madina Namanda who owns and operates a successful wholesale, commercial pineapple plantation in Uganda and, in doing so, has been able to increase her income. With the help of OPIC, microfinance institution FINCA International has provided more than 1.5 million low-income people with the financing necessary to Read more…

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From introducing advanced technology to providing support for small farmers: How OPIC has helped some Massachusetts enterprises have a positive impact in the world

OPIC’s popular Expanding Horizons workshop for small businesses travels later this month to Massachusetts, a state that has produced many strong OPIC supported projects that are having a positive impact in the developing world. Expanding Horizons is a nine-year-old OPIC workshop series that seeks to educate small businesses about the opportunities of expanding into developing markets and the way OPIC Read more…

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Six days in Georgia: Reviving and modernizing an outdated agricultural sector

Part Two in series on OPIC’s work in Georgia See also – Part One: A tour of the projects OPIC supported to help rebuild this young nation By Judith Pryor Vice President, OPIC Office of External Affairs Anyone who travels to Georgia’s capital city of Tbilisi will likely be impressed with the quality of the infrastructure and the speed at Read more…

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Six days in Georgia: A tour of the projects OPIC supported to help rebuild this young nation

(Part One in series on OPIC’s work in Georgia) By Judith Pryor Vice President, OPIC Office of External Affairs I’ve visited several OPIC project sites from Kenya to the West Bank, but nothing quite compares with my recent visit to Georgia where, over the course of six days, I was able to visit 18 OPIC-supported projects spanning a range of Read more…

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Featured Photo: Supporting harvests with microfinance

A woman harvests her crop with support from a microfinance loan from Massachusetts-based Root Capital. OPIC provided Root Capital with $20 million in OPIC financing for their work with supporting agribusinesses throughout Africa, Asia and Latin America. On May 19, Root Capital received the 2015 OPIC Impact Award for Renewable Resources. Read more about Root Capital and all the OPIC Read more…

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Featured photo: Investment in Ukraine ready for growth

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 Read more…

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Water for agriculture: How one innovative project is helping African farmers grow more food

March 22 is World Water Day, an occasion to remember how water is fundamental to life and fundamental to global development. In many parts of Africa, poor farmers operate with little equipment and can only water their crops when it rains. Being so dependent on the weather for their livelihood is not only inconvenient, it’s also costly. Even a lengthy Read more…

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