The OPIC Blog

Archive for the Monrovia Tag

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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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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