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Archive for the 'OPIC in Action' Category

Tracey Webb explains OPIC’s role to help advance development

In the latest edition of the online magazine AR3, OPIC Vice President Tracey Webb talks about the role OPIC plays in mobilizing private capital in order to advance development in Africa. Reprinted here in full Lumos developed home solar... Read more...

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Eight year milestones: Portfolio growth

First in a series ​​​​​​​​​​​​​​ In the next several weeks, we’ll be highlighting the accomplishments OPIC has made over the past eight years. One key metric that captures the Agency’s progress, is the growth in the total global portfolio,... Read more...

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OPIC commits $3.7 billion to development in 2016 as portfolio surpasses $21 billion

OPIC supports several major infrastructure projects, including two power plants in Senegal that will significantly increase the country’s energy generation capacity.   When OPIC was formed more than four decades ago, private... Read more...

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Helping businesses help the world’s farmers

In Senegal, OPIC financing is helping farmers lease equipment like tractors and cold storage facilities so to help them grow, store and sell more food, like these mangoes pictured.   Many of the world’s farmers are unable to... Read more...

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How OPIC’s investments in development support American businesses

The OPIC-supported BMR Jamaica Wind Project is one of many OPIC-supported projects that resulted in the procurement of U.S. goods and services.    OPIC-supported projects that help American businesses expand into fast-... Read more...

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OPIC Partner Aga Khan Development Network inaugurates first campus of University of Central Asia, an investment in the region’s future

A view of the University of Central Asia in Naryn, Kyrgyz Republic.   By David Taylor, Communications Officer, Aga Khan Foundation U.S.A. For decades, a high-quality university in Central Asia that spans the countries and... Read more...

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OPIC-supported Atlantic Village apartments help ease Iraq’s housing shortage

Construction begins on the Atlantic Village apartments For more than three decades, Iraq has suffered a housing shortage that has forced up prices of existing houses and apartments, making them unaffordable to many families. This year... Read more...

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Development finance and OPIC take center stage at international think tanks

OPIC played a prominent role this month on two panels hosted by international think tanks, underscoring the growing recognition of the critical role development finance institutions play in development. OPIC President and CEO Elizabeth L.... Read more...

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Featured Photo: Providing healthcare in violence prone regions

  A baby receives a medical exam from a doctor working with the International Rescue Committee (IRC), a relief agency that uses OPIC political risk insurance to support its work responding to humanitarian crises in more than 20 countries... Read more...

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In our words: New video features OPIC team on OPIC’s innovative spirit and impact

 What does the OPIC team have to say about OPIC? “This is really a great place to be, to be able to make a difference, a real difference, a palpable difference in people’s lives around the world.” “People have ingenuity, tenacity... Read more...

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