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The OPIC Blog
Featured photo: From Ohio to IndiaMarch 15, 2013The 10 megawatt Bhandardara Power House hydro plant in India’s Maharashtra State, was rehabilitated and reopened in 2001 by DLZ Corp., of Columbus, Ohio with the support of a $5 million loan. The plant, which was originally built by the local Maharashtra government, had been rendered inoperative after a fire in 1996. DLZ, a civil engineering company, is one of 
International Women’s Day: Six ways OPIC supports women around the worldMarch 08, 2013By Judith Pryor, Vice President, OPIC Office of External Affairs Since 1987, the United States has recognized March as Women’s History Month, and since the early 1900s, International Women’s Day has been observed all over the world. This year’s theme, “The Gender Agenda: Gaining Momentum,” recognizes that equality is an essential part of a modern progressive world. The theme is 
Two OPIC deals named on IFC’s list of top public-private partnershipsMarch 07, 2013Public-private partnerships have long been at the core of OPIC’s work supporting development. They are increasingly being recognized as an effective tool not just to finance major infrastructure projects, but also to reduce poverty by supporting projects to expand food production and access to education, healthcare, clean energy, and financial services. A new publication, Emerging Partnerships, lists two OPIC projects A world of opportunity: OPIC’s interactive map featureMarch 05, 2013 OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range 
Featured photo: Housing construction in HaitiMarch 01, 2013The 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) OPIC’s President and CEO heads to Haiti to support micro lending for sustainable reconstructionFebruary 25, 2013This 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. 
Featured photo: Support for Rwandan coffee growersFebruary 15, 2013Shyara washing station owned by OPIC client Westrock Coffee Holdings’ Rwanda Trading Co. (“RTC”). OPIC political risk insurance is supporting RTC’s coffee processing operations in Rwanda, which provides agricultural extension loans, seed, fertilizer, compost and technical assistance to help small local coffee producers across the country improve production processes and access international markets. RTC is also providing technical assistance to help 
Featured photo: Supporting small businesses in AfricaFebruary 08, 2013In 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 OPIC and GE partner to bring clean cookstoves to East AfricaFebruary 05, 2013Last 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 Meeting the global unemployment challengeJanuary 31, 2013A report earlier this month from the International Finance Corporation (IFC) offered some staggering measures of worldwide unemployment. IFC said there are currently 200 million people unemployed around the world – a number roughly equivalent to the population of Brazil — and that the developing world will need to create some 600 million new jobs by the year 2020, just |
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