The OPIC Blog

Archive for the political risk insurance Tag

Featured photo: Local communities in Cambodia supporting conservation

Community Forestry Administrators in Oddar Meanchey, Cambodia highlight regions where they oversee conservation efforts with support from Cambodia’s Forestry Administration and Terra Global, a U.S. land-use carbon development and investment company. With support from $900,000 in OPIC political risk insurance, Terra Global Capital’s investments are helping communities generate verified emission reductions whose proceeds are used to help protect 64,318 hectares Read more…

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An OPIC anniversary: Good business, good government

By Elizabeth Littlefield  President and Chief Executive Officer, OPIC Thirty years ago this week, OPIC, the U.S. Government’s development finance institution, celebrated a rare feat in the federal government: it made good on its promise to pay back every cent of the $106 million that Congress had allocated to start the agency in 1971. The occasion was heralded by President Ronald Read more…

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Seeking to build on momentum of recent days, OPIC hosts high-speed networking event for African businesses

In an effort to build on the momentum of recent days that saw billions of new investment committed to Africa, OPIC on Wednesday hosted multiple American and African businesses, as well as representatives from other U.S. Government Agencies for a high-speed networking event to discuss ways the U.S. could support infrastructure projects in Africa. Officers from OPIC’s financing, political risk Read more…

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Africa at a glance

Ahead of the historic summit of African leaders that will take place in Washington from August 4-6, take a look at some key facts about Africa that illustrate the challenges and opportunities the continent faces today, and the ways OPIC is helping Africa prepare for the future.   People: The median age in Africa today is 19 and the population Read more…

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Video: Spotlight on OPIC’s Impact

Eight OPIC projects that are making a difference around the world.

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Featured photo: Tea production in Rwanda

The Sorwathe Tea Plantation and processing facility in Rwanda was built in 1978 by one of the first U.S. investors in Rwanda, and rebuilt almost two decades later with the support of OPIC political risk insurance. Today, the facility purchases tea leaves from thousands of small farmers around the country, generating an important source of income for the local population. Read more…

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Trade, aid and development: How OPIC supports many U.S. priorities

By Judith Pryor Vice President, OPIC Office of External Affairs In 2010, President Obama unveiled the National Export Initiative  to remove trade barriers abroad and help American business compete globally. With about 95 percent of the world’s consumers living outside U.S. borders, it’s hard to overstate the importance of this initiative and I’m happy to say it has been a Read more…

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Featured photo: International Rescue Committee, winner of OPIC’s Impact Award for Development Impact

In Cote d’Ivoire, women draw water from a well built by International Rescue Committee, a nonprofit that works to respond to humanitarian crises around the world with a broad spectrum of services related to healthcare, improved living conditions and social services. OPIC provides political risk insurance for IRC’s operations in more than 20 countries, including Cote d’Ivoire, and earlier this Read more…

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OPIC and ACORE Team Up

by Lynn Tabernacki, OPIC’s Managing Director for Renewable Energy and Sustainable Development This month, on April 24-25, the American Council on Renewable Energy (ACORE) will host one of its signature events for renewable energy investors interested in Latin America – the Renewable Energy Latin America and Caribbean Conference and Exhibition (RELACCX) in San Juan, Puerto Rico. OPIC is excited to Read more…

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Spotlight on OPIC Impact Award winners: ContourGlobal

Over the course of four decades addressing major world development challenges, OPIC has focused on different sectors, but infrastructure has been a constant. Power plants, airports and clean water facilities literally lay the foundation for future improved living standards, business activity, and overall economic growth and stability. At its March 11 Impact Awards, OPIC awarded the Critical Infrastructure Award to Read more…

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