The OPIC Blog

Archive for the Liberia Tag

From mom-and-pop to job engine: How OPIC helped hundreds of small businesses in the West Bank

This post by James C. Polan, OPIC’s Vice President for Small and Medium Enterprise Finance, was originally featured on the U.S. State Department’s DipNote blog. The original post can be viewed here. Small businesses create jobs. It’s a widely accepted economic truth, but it’s not the whole story. The fact is, small businesses need money to grow, but they often Read more…

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Measuring developmental impact: A look at Broad Cove Ecohomes Liberia

In 2011, OPIC provided a $1.9 million loan to Broad Cove Ecohomes, Liberia, the U.S. developer of middle-income homes in Liberia, where years of civil war had resulted in a wave of migration to the capital city of Monrovia, and left a severe shortage of affordable housing. In addition to its plans to build 80 single-family homes and adjacent community Read more…

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Featured photo: Affordable, sustainable homes in Liberia

Housing construction at the site of Broad Cove Ecohomes, Liberia outside of Monrovia. Broad Cove is using an OPIC loan to build moderately-priced houses in a region where affordable housing is virtually nonexistent. Broad Cove is using renewable and locally-sourced materials including bricks made from compressed earth and cement which will keep the houses naturally cool.  

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Liberia: The next six years and beyond

OPIC Executive Vice President Mimi Alemayehou on Liberian President Johnson-Sirleaf When Ellen Johnson-Sirleaf first became President of a war-torn Liberia in 2006, she helped usher in a period of reconciliation and rebuilding, as she worked to reduce poverty, strengthen businesses and forge stronger ties with the United States and foreign investors. This week President Johnson-Sirleaf – a recent Nobel Peace Read more…

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Renewing the future through investment

OPIC’s work catalyzing private-sector investment to solve critical world challenges is increasingly focused on the renewable resources sector, with projects that support clean and sustainable development. On Dec. 2, OPIC will highlight its work in renewable resources at the COP 17, the United Nations Climate Change Conference in Durban, South Africa. OPIC President and CEO Elizabeth Littlefield and John Morton, Read more…

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Small firms also have a role in the global economy

OPIC President and CEO Elizabeth Littlefield recently published a piece in the Miami Herald about the economic benefits of small businesses expanding into developing markets overseas. Attached is the full text of the piece, which can also be found at MiamiHerald.com Today’s business news is dominated by the affairs of America’s largest corporations, like Apple, Boeing, GE and Google. The Read more…

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Project Snapshot: Buchanan Renewables Fuel

Site Liberia Sector Renewable energy; biomass, rubber Challenge Make use of large volumes of rubber trees that have reached the end of their latex producing lives by harvesting them and producing wood chips to fuel biomass power plants.  Export to address shortage of biomass fuel in Europe, used to reduce greenhouse gas emission from coal consumption, through co-firing in existing Read more…

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