The OPIC Blog

Archive for the finance Tag

OPIC’s Impact Awards: A recap in photos

OPIC’s March 11 inaugural Impact Awards ceremony was a big success and helped us highlight the ways our clients are making a difference around the world. In this post we showcase the winners. Global Partnerships: Access to Finance Award OPIC loan recipient Global Partnerships, one of the three clients awarded the Access to Finance award, facilitates small microfinance loans in Read more…

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Spotlight on OPIC’s Impact Award in the access to finance category

The inaugural OPIC Impact Awards are just over a week away and we’re on the third post in the series to introduce the six categories represented at the event:  Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity and American Small Business. Today’s spotlight is on Access to Finance, a category so rich in candidates that we will Read more…

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OPIC recognizes International Youth Day 2013

Today is International Youth Day, a day created by the United Nations in 1999 to mark the important contribution youth make to the world. This year, International Youth Day focuses on youth migration and the rewards and risks associated with it. According to a 2012 report by the UN Capital Development Fund, 85 percent of youth currently live in developing Read more…

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Featured photo: Bringing modern, affordable healthcare to Pakistan

OPIC President and CEO Elizabeth Littlefield (far left) tours the Aga Khan Hospital and Medical College in Karachi during her July visit to Pakistan. An OPIC loan is supporting the renovation and expansion of the facility that will include the introduction of advanced equipment, a center for medical innovation and a program to subsidize healthcare for poorer patients throughout Pakistan. Read more…

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Featured photo: Local retailer supports jobs and sustainable development in Guatemala

The Guatemala City flagship store of Cemaco, a family-owned business that operates 20 retail stores throughout Guatemala selling hardware, home goods ,toys and baby gear. OPIC, through a loan guaranty to World Business Capital, supported a $9,750,000 loan to help the business expand. The Cemaco retail chain currently has about 1,500 local employees and is committed to sustainable business practices Read more…

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Tailoring finance tools for impact investors

This is the second blog post in an occasional series By Mitchell L. Strauss, Special Advisor, Socially Responsible Finance In my earlier blog post I explored OPIC’s contributions to the evolving impact investing sector, mostly by providing financing and insurance products to help American companies working in emerging markets. In addition to these core products, OPIC continues to innovate and Read more…

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OPIC to play key role in President Obama’s Power Africa initiative

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population Read more…

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OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access Read more…

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Featured video: OPIC-supported business complex prepares to open in Georgia

The mountaintop Mtatsminda restaurant and business complex in Tbilisi, Georgia was renovated with the support of a $10 million OPIC loan and will reopen on Saturday, June 29. This clip from a local news program highlights visits this week from U.S. Ambassador to Georgia, Richard Norland, and Kenneth Angel, Managing Director, Project Finance at OPIC.

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OPIC joins USGLC annual conference highlighting smart power and innovation

OPIC participated in the U.S. Global Leadership Coalition’s Annual Leadership Conference this week focusing on American aid investment and its role in building jobs and security at home. Featuring remarks by national security and foreign policy experts, the conference analyzed how to strengthen America’s leadership in the world through strategic investments in smart power. On Tuesday, OPIC Executive Vice President Read more…

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