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Four ways OPIC projects support access to water around the world

August 27, 2015

World Water Week seeks to highlight the key role that water plays in advancing global health and prosperity, and to foster discussion around innovative and effective ways to increase access to water for drinking, agriculture and health and sanitation. This year the occasion follows closely on the heels of the U.N.’s Financing for Development conference last month and seeks to
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Water for agriculture: How one innovative project is helping African farmers grow more food

March 20, 2015

March 22 is World Water Day, an occasion to remember how water is fundamental to life and fundamental to global development. In many parts of Africa, poor farmers operate with little equipment and can only water their crops when it rains. Being so dependent on the weather for their livelihood is not only inconvenient, it’s also costly. Even a lengthy
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Featured photo: Supporting clean and dependable drinking water in Algeria

March 20, 2015

In a desert city surrounded by seawater, a water desalination plant is bringing clean drinking water to many of Algiers’ residents. The plant, which uses reverse osmosis technology, was built with the support of OPIC financing to Ionics Inc. of Watertown, Massachusetts. OPIC provided a $200 million loan to Ionics to help facilitate construction of the plant which is now
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Featured photo: Securing water in a water scarce region

January 30, 2015

A worker welds a pipeline helping transport water from southern Jordan to Amman. OPIC provided financing and political risk insurance to support the construction of the 202-mile water pipeline, built by Disi Water, in Jordan – one of the most water-scarce countries in the world. Completed in 2014, Disi Water is providing dependable water to the people of Amman and
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Project spotlight: Hamma desalination plant provides clean drinking water for hundreds of thousands of Algerian families

January 29, 2014

A decade ago, Algeria’s capital city of Algiers was suffering a severe shortage of clean drinking water, resulting in strict rationing, stockpiling, as well as the consumption of dirty water by households and farms. The solution, as with so many major development challenges requiring large investments in infrastructure, came in the form of a public-private partnership involving the Algerian government,
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World Humanitarian Day: The world needs more impact investing

August 19, 2013

In 2003, the United Nations created World Humanitarian Day to recognize those who face danger and adversity in order to help others. This year, the United Nations has created a new campaign called “The World Needs More” to literally turn words into aid. By sharing words like #development, #aid and #education on Twitter, users can join in providing much needed
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OPIC to play key role in President Obama’s Power Africa initiative

July 02, 2013

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population
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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: Safe and affordable housing in Honduras

May 17, 2013

Los Castanos de Choloma affordable housing project in Choloma, Honduras, was designed with a central park area that provides shelter from surrounding violence and encourages residents to maintain and take pride in their property. Inter-Mac International Inc. is using OPIC financing to build a community of 2,400 single-family homes that are affordable to working families earning minimum wage. Inter-Mac is
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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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