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The OPIC Blog
Featured Photo: Support for OPIC’s Renewable Energy EffortOctober 05, 2012Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy, right, leads a discussion with National Renewable Energy Laboratory staffers Laura Harrington, Adam Warren and Jeff Bedard (from left), and OPIC’s Sarah Carta. National Renewable Energy Laboratory supports OPIC’s renewable energy & energy efficiency effort The National Renewable Energy Laboratory (NREL) – the only national laboratory which takes renewable energy 
September Board Meeting: Priorities renewed and newerSeptember 26, 2012At 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 
Kifaru Youth GroupAugust 03, 2012Members of the Kifaru Youth Group, a microfinance loan group based in the Nairobi suburb of Kawangware, meets in June to update their finances. The group is supported with microloans from Equity Bank’s Kawangware branch, which opened in 2007 and has since seen its customer base grow from 5000 members to 80,000. “Kawangware is a slum that is becoming a 
Featured Photo: Helping More Farmers Grow More FoodJuly 27, 2012The head agronomist at the Forestry Agricultural Investment Management (FAIM) farm in Rwamagana, Rwanda. FAIM is applying its plant propagation technology to improve crop yields, and obtained a loan from OPIC in 2012 to support its work in Rwanda, the most densely populated country in Africa, where many families suffer from food insecurity and malnutrition. While a majority of Rwandans are 
Featured Photo: Blessings Hair Salon in Kawangware, NairobiJuly 13, 2012Jane Akoth, owner of Blessings Hair Salon in the Nairobi suburb of Kawangware, used a microloan from Musoni – a Kenyan microfinance institution that enables clients to manage their loans via mobile phones – to buy new dryers and other machines that have helped her business grow after theft almost ruined her a few years ago. Musoni’s technology enables Jane 
Featured Photo: Recycled Paper Manufacturing Plant in Lagos, NigeriaJuly 06, 2012A Bel Papyrus Ltd. paper manufacturing plant in Lagos, Nigeria, one of the few plants in the country where paper is recycled. OPIC is providing financing in a deal to expand a new production line that will double the plant’s capacity and significantly expand its ability to produce paper from recycled materials. Used paper is sorted, shredded and baled before Monthly News Wrap-Up: June 2012July 05, 2012June was an eventful month for OPIC, which hosted its latest board meeting and approved several funding deals addressing a range of development challenges in a variety of regions. The board’s approvals included two solar projects in Peru, an Internet expansion project in East Africa, and several new investment funds that will bring the latest renewable energy technologies to emerging Secretary Hillary Clinton and OPIC’s Elizabeth Littlefield Announce the U.S.-Africa Clean Energy Finance InitiativeJune 27, 2012OPIC’s President Elizabeth Littlefield joined Secretary of State Hillary Clinton at the Rio+20 United Nations Conference on Sustainable Development last week to announce a new partnership to drive private sector investment in bringing clean energy to Africa. Energy access in African households is a major barrier to development. Although Africa has abundant clean energy resources, there is often a lack |
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