The OPIC Blog

Archive for the education Tag

OPIC’s Pryor on DipNote blog: Investing in women benefits everyone

“I am heartened to see that world leaders are increasingly united in working to empower women,” OPIC Vice President Judith Pryor wrote on the State Department’s DipNote blog on International Women’s Day March 8. Pryor noted that the 2030 Agenda for Sustainable Development last year called out the need for gender equality in a list of persistent development challenges including Read more…

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By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

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Featured photo: Expanding access to higher education in Tajikistan

Construction of the University of Central Asia campus in Khorog, Tajikistan progresses as the school prepares to open its doors in September 2017. With support from a $30 million loan from OPIC, the university will offer an extensive curriculum in earth and environmental sciences and economics, computer sciences, communications, engineering, as well as business and management. In addition to addressing Read more…

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Education, the environment, and OPIC: Secretary Kerry acknowledges strides made in Central Asia

On October 31, Secretary John Kerry visited the American University of Central Asia (AUCA) in Bishkek, the capital of the Kyrgyz Republic, to commemorate the opening of a new, state-of-the-art campus.   Thanks to a $6 million loan from OPIC alongside USAID support, AUCA was able to construct the new campus, allowing the school to extend current programs and serve Read more…

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Featured photo: Revamping education infrastructure in Kyrgyzstan

A new, state-of-the-art campus at American University of Central Asia (AUCA) in Bishkek, Kyrgyzstan, opened its doors on October 31, 2015 with the support of OPIC financing. The expansion will enable the University to expand its enrollment by 33 percent. Access to education is vital for economic growth in developing regions. The new AUCA campus was designed to be eco-friendly Read more…

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Featured photo: Kenyan woman giving back uses microfinance loan to open a school

In honor of Women’s Small Business Month, we’re featuring female entrepreneurs around the world who have benefited from OPIC financing. This picture shows schoolchildren in Rongai, Kenya heading to class Pine Breeze Academy, which was started by local entrepreneur Lillian Alwi. Alwi obtained loans from KWTF, a microfinance institution supported by OPIC, and was able to open the school, which Read more…

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A look at poverty in Africa and worldwide

Two-thirds of the world’s least developed countries (LDCs) are in Sub-Saharan Africa and these countries carry a disproportionate share of the world burden of poverty and related challenges such as poor health care, sanitation, and insufficient education, a new report from the ONE Campaign shows. For example, while just 13 percent of the world’s women live in LDCs, these countries Read more…

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Supporting education with technology: OPIC client provides free internet to schools in Kenya

Wananchi Group Holdings Ltd., an OPIC client that is working to expand internet connectivity in East Africa, has used its fiber-optic infrastructure to install free internet access in more than 100 schools in Kenya. In 2012, Wananchi obtained $72 million in OPIC financing for a project that is helping address the needs of Africa’s growing consumer class by improving data, Read more…

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Featured Photo: Strengthening education and opportunities in Kenya

An instructor in Kenya teaches young students in one of Bridge International Academies’ schools. Bridge developed a scalable model to leverage technology to provide a quality and affordable education to low income students and expects to reach hundreds of thousands of students over the next decade. OPIC supported the project with a $10 million loan. Bridge International Academies received the received Read more…

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Focus on OPIC Impact Award Winner: Bridge International Academies (Development Impact)

OPIC’s mission to leverage private business to help address the world’s most critical development challenges takes many shapes and operates at different scales. But one of the most direct and foundational cases of this development mission carried out through an impact-minded business plan is through OPIC’s partnership with Bridge International Academies, a winner of OPIC’s 2015 Impact Awards in the Read more…

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