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The OPIC Blog


OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

July 01, 2013

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access
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OPIC joins USGLC annual conference highlighting smart power and innovation

June 26, 2013

OPIC participated in the U.S. Global Leadership Coalition’s Annual Leadership Conference this week focusing on American aid investment and its role in building jobs and security at home. Featuring remarks by national security and foreign policy experts, the conference analyzed how to strengthen America’s leadership in the world through strategic investments in smart power. On Tuesday, OPIC Executive Vice President
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How OPIC extends its impact through partnerships

June 18, 2013

  OPIC has a long tradition of partnering with private sector businesses to catalyze investment in challenging markets around the world. But the agency’s work extends beyond public-private partnerships. In its recently published 2013 annual report, OPIC outlines several of the successful partnerships it has forged with other U.S. Government agencies to address major development challenges such as: –Clean Energy.
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Featured photo: Bringing solar power to rural households in Nicaragua

May 31, 2013

Candido Rodriguez, a farmer who lives and works in a rural region of Nicaragua, was able to purchase a solar panel with the help of a local microfinance institution, Fondo de Desarrollo Local (FDL), that offers flexible repayment in order to make solar products affordable to families who live off the electric grid. FDL is one of the many microfinance
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Doing business in Asia Pacific

May 23, 2013

By: Astri Kimball, OPIC Senior Advisor for Policy and Operations President Obama recently announced a new OPIC commitment to sustainable power and energy projects in the Asia-Pacific region, as part of the U.S.-Asia-Pacific Comprehensive Energy Partnership (US-ACEP).  The Partnership will offer a framework for consolidating and expanding energy and environmental cooperation across existing regional forums to advance efforts to ensure
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Featured photo: Making use of the earth’s resources

April 19, 2013

In honor of Earth Day later this month, we are sharing this photo from the U.S. Millennium Challenge Corporation (MCC) of an abundant evening market in Msimba, Tanzania, powered by solar lights, which enables members of the community to shop and sell their goods after the workday is over. The Millennium Challenge Corporation is investing in improving the reliability of
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World Water Day highlights need for clean water, sanitation in developing world

March 22, 2013

Friday, March 22 is the United Nations World Water Day, held annually to raise awareness of the importance of fresh water and advocate for the sustainable management of freshwater resources.  Each year a specific aspect of water management is highlighted. In 2013, in reflection of the International Year of Water Cooperation, World Water Day is dedicated to the theme of
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Featured photo: From Ohio to India

March 15, 2013

The 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
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A world of opportunity: OPIC’s interactive map feature

March 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
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OPIC’s profit per employee totals $1.2 million in 2012

December 14, 2012

Earlier this week, OPIC reported strong financial results for Fiscal Year 2012, including net income of $272 million, and a 30 percent increase in financial commitments to American businesses investing in emerging markets abroad. The fact that these results were achieved with a full-time staff of just 220 underscores the efficiency of OPIC’s operation. The agency’s profit-per-employee in 2012 worked
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