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Featured photo: Bountiful harvest in Ethiopia

April 18, 2014

In honor of Earth Day on April 22, this photo, a Feed the Future photo contest winner, shows a farmer in Ethiopia, succeeding against the odds and producing a bountiful harvest in drought conditions. He is transporting a variety of chickpea called “areti,” which means “not afraid of drought.” The areti was introduced by the International Crop Research Institute for
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#SheBuilds: Investing in women is an investment in global development

April 11, 2014

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation On April 10, the Millennium Challenge Corporation, Devex and Vital Voices held the #SheBuilds Twitter chat, aimed at engaging development practitioners, stakeholders and the public on the many reasons why gender integration and investing in women and girls is absolutely crucial to development. As Vital Voices pointed
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Featured photo: Rwanda 20 years later

April 11, 2014

In February, OPIC President and CEO Elizabeth Littlefield visited Rwanda’s Genocide Memorial while leading a delegation to meet with investors and government leaders. In this recent blog post, Littlefield described the country today and OPIC’s efforts to support private sector investment there.

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Spotlight on OPIC Impact Award winners: Global Partnerships

April 10, 2014

In the efforts to support the poor in ways that will have a sustained and meaningful difference in their lives, access to finance is a common theme. Millions of people in the developing world have no formal bank account and no way to access a bank loan to start a small business or purchase a home. OPIC has partnered with
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A country in a hurry: On the 20th anniversary of the Rwandan genocide, this small African country looks forward

April 09, 2014

By Elizabeth Littlefield President and Chief Executive Officer, U.S. Overseas Private Investment Corporation I first visited Rwanda in the early 1990s when I was just beginning my career in development, and spent several months in the country advising the leadership of local microfinance institutions. In addition to being struck by Rwanda’s natural beauty — its sweeping vistas of terraced hills
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OPIC and ACORE Team Up

April 08, 2014

by Lynn Tabernacki, OPIC’s Managing Director for Renewable Energy and Sustainable Development This month, on April 24-25, the American Council on Renewable Energy (ACORE) will host one of its signature events for renewable energy investors interested in Latin America – the Renewable Energy Latin America and Caribbean Conference and Exhibition (RELACCX) in San Juan, Puerto Rico. OPIC is excited to
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Spotlight on OPIC Impact Award Winners: Medical Credit Fund

April 07, 2014

In Africa, many of the same health care clinics that serve large numbers of low and middle-income people struggle to borrow money to pay for new equipment or even basic maintenance. This limited access to finance directly impacts the delivery of quality healthcare on a continent that carries a disproportionate share of a host of major diseases from AIDS to
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Unlocking private climate investment: Two lessons from OPIC and Ex-Im Bank

April 07, 2014

By Giulia Christianson, Sustainable Finance, World Resources Institute Overcoming the climate change challenge won’t come cheap. A World Economic Forum report released last year, for example, estimates that the world will need to invest at least $5.7 trillion annually in green infrastructure by 2020 in order to limit the worst impacts of climate change. In addition to the significant amounts of finance
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Featured Photo: Inter-Mac International Inc., winner of OPIC’s Impact Award for Access to Finance

April 04, 2014

Some of the 5,000 residents of the Los Castanos de Choloma housing community in Honduras, which Inter-Mac International Inc. built with the support of OPIC financing. On March 11, OPIC awarded Inter-Mac an OPIC Impact award in the Access to Finance category for the project, which not only provides safe and affordable housing for a low-income population, but also offers
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How OPIC supports small businesses in Minnesota

April 02, 2014

OPIC’s support for American businesses investing in emerging markets overseas has directly benefited businesses around the country, including in Minnesota, the site of today’s Expanding Horizons workshop. Over more than four decades of supporting development, OPIC has committed more than $480 million in financing and insurance commitments to projects sponsored by Minnesota companies. These projects have generated an estimated $1.1
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