The OPIC Blog

Archive for the Algeria Tag

Four ways OPIC projects support access to water around the world

World Water Week seeks to highlight the key role that water plays in advancing global health and prosperity, and to foster discussion around innovative and effective ways to increase access to water for drinking, agriculture and health and sanitation. This year the occasion follows closely on the heels of the U.N.’s Financing for Development conference last month and seeks to Read more…

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Featured photo: Supporting clean and dependable drinking water in Algeria

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 Read more…

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Project spotlight: Hamma desalination plant provides clean drinking water for hundreds of thousands of Algerian families

A decade ago, Algeria’s capital city of Algiers was suffering a severe shortage of clean drinking water, resulting in strict rationing, stockpiling, as well as the consumption of dirty water by households and farms. The solution, as with so many major development challenges requiring large investments in infrastructure, came in the form of a public-private partnership involving the Algerian government, Read more…

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Featured photo: World Water Week

It is fitting that the focus of this year’s World Water Week is the connection between water security and food security. It has been an unusually dry summer throughout much of the U.S., and a drought in even a single major food-producing country poses an additional threat to world food prices, which are already at an all-time high. Even before Read more…

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Monthly news wrap-up: May 2012

OPIC provided political risk insurance to rebuild a flour mill and animal feed facility that was destroyed in the 2010 earthquake. This picture is from a tour at the grand reopening of the facility on December 15, 2011. This is just one of many OPIC projects focused on food security. We continue our monthly news wrap-up series this month, starting with a Read more…

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Investing in food security

President Obama delivered the opening keynote on May 18 to the Symposium on Global Agriculture and Food Security in Washington, D.C. The event precedes the G8 summit Saturday May 20 at Camp David, where leaders will meet to discuss the challenge of feeding a growing world. The focus of the event underscores how food security remains a major challenge: The U.S. Read more…

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Development and health

Saturday April 7 is World Health Day, an annual event the World Health Organization hosts to call attention to public health challenges across the planet. Although these health challenges are not confined to developing countries, many of the world’s low-income and least-developed countries lack the basic infrastructure, energy, and access to finance that is essential to ensuring food and water Read more…

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Timeline: A look back at OPIC’s swift response to the 2011 uprisings in the Middle East

January marks the first anniversary of the protests in Egypt’s Tahrir Square, which set off broader uprisings that spread throughout the country and much of the Arab World. In the year since then, the Egyptian government has toppled, many of the protests throughout the region continue, and progress has been both promising and unsteady –all underscoring the challenges of achieving Read more…

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Project Snapshot: Bringing drinking water to the desert

Country Algeria Sector Infrastructure Challenge: Severe water shortages in the city of Algiers Solution: $200 million in OPIC financing for the construction of a reverse-osmosis water desalination facility to deliver 200,000 cubic meters of potable water to Algiers each day. Impact: The plant, currently operating between 85% and 95% capacity, provides water for about 350,000 families in and around Algeria. Read more…

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