The OPIC Blog

Archive for the Kenya Tag

Featured photo: Nutrient-rich food in Kenya

In Kenya, the U.S. Government’s Feed the Future initiative is working to improve food security and childhood nutrition by helping farmers introduce nutrient-rich crops to their farms and teaching families new recipes full of vitamins and minerals needed to ensure healthy growth. Read more here.

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World Health Day highlights need for better health care in developing countries

April 7th is designated as World Health Day each year by the World Health Organization (WHO) to commemorate that agency’s founding. In conjunction with this, WHO annually highlights a theme that has a significant global health impact and often focuses on issues – such as access to clean water – that are particularly relevant to the developing world. This year, Read more…

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Improving health care in Africa, one clinic at a time

In Sub-Saharan Africa, access to healthcare is limited, the quality of care is often poor, and the need is great. The continent carries a disproportionate share of the global burden of many diseases from HIV/AIDS to high blood pressure, and this disease load is exacerbated by widespread poverty, food insecurity and poor sanitation. In this challenging environment, where public funding Read more…

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OPIC monitoring trip to Kenya: Big plans becoming reality

By: Tim Harwood An interdepartmental OPIC team traveled to Kenya in 2012 to monitor the performance of three financial institutions whose microfinance lending is supported by the agency: Musoni, the Kenya Women’s Finance Trust  DTM Ltd (KWFT), and Equity Bank. Over the course of three days, members of OPIC’s Office of Investment Policy, Portfolio Management Department, Small and Medium-sized Enterprise Finance Read more…

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Featured photo: Supporting small businesses in Africa

In Nairobi, Kenya, Equity Bank CEO Dr. James Mwangi (center) introduces OPIC President and CEO Elizabeth Littlefield to Equity Bank agent Maureen Wambugu (right). One of the bank’s community branches is surrounded by several local businesses, including a second hand shoe trader, whose owner used an Equity Bank micro loan to expand his business. OPIC is providing $8.45 million in Read more…

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OPIC and GE partner to bring clean cookstoves to East Africa

Last Thursday, outgoing Secretary of State Hillary Clinton announced a new OPIC partnership with GE to finance a clean cookstoves project in East Africa – one of a select series of public-private partnerships producing sustainable solutions to key global challenges that she chose to highlight during her final week in office. Developmentally, the project addresses one of the world’s most Read more…

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OPIC monitoring trip to Kenya: A revolution realized

An interdepartmental OPIC team traveled to Kenya last year to monitor the performance of three financial institutions whose microfinance lending is supported by the agency: Musoni, the Kenya Women’s Finance Trust DTM Ltd (KWFT), and Equity Bank. Over the course of three days, members of OPIC’s Office of Investment Policy, Portfolio Management Department, Small and Medium-sized Enterprise Finance Department, and Read more…

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Featured photo: Improving financial inclusion through microfinance

OPIC President & CEO Elizabeth Littlefield, Equity Bank founder James Mwangi (far left) and other bank representatives visit a branch in Nairobi, Kenya, to learn more about improving financial inclusion through microfinance and mobile banking technologies. The OPIC-supported Helios Sub-Saharan Africa Fund invested in Equity Bank, which has operations throughout East Africa.

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Expanding access to banking and credit in Sub-Saharan Africa

Financial inclusion – the access to basic financial services like savings accounts and credit – can be essential to individuals trying to lift themselves out of poverty. Financial inclusion provides an opportunity to invest in a business, a home or an education. Rates of financial inclusion are low throughout much of the developing world, but particularly low in Sub-Saharan Africa. Read more…

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Featured photo: Students singing at Nairobi’s Ongata Pine Breeze Academy

Lillian Alwi, right, leads students in song at the Ongata Pine Breeze Academy outside Nairobi, Kenya. As school director, Alwi has used two loans from the Kenya Women’s Finance Trust (KWFT) to build Pine Breeze into a bustling source of hope for more than 500 children from a poor community in the Ngong Hills  – “my passion,” she says. OPIC Read more…

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