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…
April 25, 2013
“You can’t build a country without concrete.” The statement has particular relevance in Haiti, where, more than three years since a 7.0 magnitude earthquake resulted in extensive death and destruction, the country is still working to repair and rebuild and assume a path of sustained economic vitality. Luis Garcia (pictured), spoke about the importance of basic building materials like concrete 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…
March 01, 2013
The Cabaret Housing Settlement in Haiti, where about 156 houses will be built, is helping to address a critical need for housing in Haiti, where more than 360,000 people continue to live in tents and other temporary housing in the wake of the 2010 earthquake. OPIC is supporting this need for housing by providing financing to Development Innovations Group (DIG) Read more…
February 25, 2013 This week, OPIC’s President and CEO Elizabeth Littlefield will lead a delegation of OPIC representatives on a visit to Haiti to launch an important mortgage finance project developed in partnership with the U.S. Agency for International Development (USAID) and the Clinton Bush Haiti Fund. Development Innovations Group (DIG), a U.S.-based housing finance and urban development firm, will manage the project. Read more…
November 09, 2012
A new home is being built in Haiti, which suffered extensive damage in the 2010 earthquake. Haiti 360 has used a $6 million loan from OPIC to build two concrete manufacturing plants, which are supporting new home construction and other infrastructure projects, including the extension of the runway at the airport in Haiti’s second largest city of Cap-Haitien. In 2012, Read more…
October 17, 2012
This week, OPIC announced that its commitments to renewable resources projects rose 41 percent in Fiscal Year 2012, which ended September 30, to set a new record of $1.55 billion. The news follows last year’s record setting pace, and as the graphic shows, marks a sharp and steady increase in OPIC’s support for projects in clean energy and sustainable agriculture Read more…
July 31, 2012
In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project success stories are what people are most interested in. People like to hear how two college friends who traveled through Brazil came up with the idea to introduce Read more…
June 04, 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…
May 18, 2012 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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