The OPIC Blog

Hot springs tapped for geothermal energy in a Kenyan national park

Hell’s Gate National Park in Kenya, named for its hot springs and volcanoes, is also the site of a geothermal power plant. On September 22, OPIC approved up to $310 million in financing to the plant’s operator to support an expansion... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

TPL Properties: Building on a “mutual economic interest”

“Karachi is a city of 18 million people, but it has almost no commercial real estate,” Ali Jameel, CEO of TPL Properties said at a September 26 signing ceremony for OPIC’s $20 million loan TPL to finance the completion of a 28-story office... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

New report looks at role of OPIC and other IFIs in creating jobs, reducing poverty

A new report finds that international finance institutions such as the Overseas Private Investment Corp. play a key role in addressing a range of developmental challenges from reducing poverty and creating jobs to improving food security and... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

OPIC President Elizabeth Littlefield's statement on the American Jobs Act

Last night, President Obama unveiled the American Jobs Act, a collection of bipartisan strategies that will put more Americans back to work, in part by providing incentives for small businesses to hire and grow.  I applaud this move, which will... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Project Snapshot: Renewable energy in India's rice belt

Site India Sector Renewable energy Challenge More than one billion residents of India have no electricity and many of them live in remote villages off the electricity grid. Solution $750,000 in debt financing for Husk Power... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Business as a force for good in the developing world

“There is growing optimism about business as a force for good in the developing world,” OPIC President Elizabeth Littlefield writes in the current issue of Innovations. “A new momentum is building along with this around a breed of private... Read more...

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email