September 26, 2012
At its September meeting, OPIC’s Board of Directors kept the agency’s focus trained on priority sectors – renewable resources; food security and safe drinking water; and small and medium size businesses (SMEs) – and added another: the growing middle class in emerging markets, which stand to transform developing countries in the coming years. Be it Africa, where 100 million households
August 31, 2012
It is fitting that the focus of this year’s World Water Week is the connection between water security and food security. It has been an unusually dry summer throughout much of the U.S., and a drought in even a single major food-producing country poses an additional threat to world food prices, which are already at an all-time high. Even before
August 24, 2012
A field in Mexico uses a drip tape irrigation system provided by Wade Rain Inc., a small business based in Tualatin, Oregon. Wade Rain’s Mexican subsidiary sells irrigation equipment — most of it manufactured in the U.S. — to small farms in central Mexico and has helped introduce more efficient irrigation technologies such as drip tape, in which long lines
June 01, 2012
A recent piece in The Atlantic explores investors’ growing interest in Impact Investing. The piece describes impact investors and those “who want to use finance to make more food, cleaner water, better healthcare, smarter children and a richer bottom-of-the-pyramid.” It sounds like a tall order, but OPIC has long understood that investing in common challenges such as access to education, financial inclusion, housing, health
May 07, 2012
In Winneba, Ghana, residents fill containers near a local drinking water facility. OPIC is providing political risk insurance to support a project to modernize the water infrastructure in Ghana, where a shortage of clean water is linked to 20,000 deaths each year.
January 23, 2012
Country Algeria Sector Infrastructure Challenge: Severe water shortages in the city of Algiers Solution: $200 million in OPIC financing for the construction of a reverse-osmosis water desalination facility to deliver 200,000 cubic meters of potable water to Algiers each day. Impact: The plant, currently operating between 85% and 95% capacity, provides water for about 350,000 families in and around Algeria.
August 02, 2011
Alpha Condé, President of the Republic of Guinea, visited OPIC August 1 and met with OPIC President and CEO Elizabeth Littlefield and OPIC Executive Vice President Mimi Alemayehou. President Condé highlighted some of the policy changes he is working to implement in Guinea. The group discussed opportunities for private investment in Guinea, primarily in the power, water, and agricultural sectors,