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Timeline: A look back at OPIC’s swift response to the 2011 uprisings in the Middle East

January 27, 2012

January marks the first anniversary of the protests in Egypt’s Tahrir Square, which set off broader uprisings that spread throughout the country and much of the Arab World. In the year since then, the Egyptian government has toppled, many of the protests throughout the region continue, and progress has been both promising and unsteady –all underscoring the challenges of achieving
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Expanding small business lending in Afghanistan

January 27, 2012

OPIC and Afghan Growth Finance (AGF) have agreed to expand an existing partnership and this week signed an agreement to co-finance up to $11.5 million in loans to small businesses in Afghanistan. The new facility will provide small and medium-sized enterprises with access to capital in larger amounts and for long-term tenors – terms generally unavailable from other financial institutions in the
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Video: The federal budget and foreign aid

January 24, 2012

How much does the U.S. spend on foreign aid? As political psychologist, Dr. Steven Kull noted during a recent visit to OPIC, a lot less than most Americans think: When they understand that just one percent of the federal budget goes toward foreign aid, most Americans support that level of assistance, said Kull, who studies public opinion on public policy. “The
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Project Snapshot: Bringing drinking water to the desert

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.
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Elizabeth Littlefield on OPIC’s year-end results and impact

January 19, 2012

Can we advance U.S. development and foreign policy and make money for the budget at the same time? Yes. And we do.  Private investors such as entrepreneurs and members of diasporas are ready to invest in projects that build sustainable economies, opportunities and hope in developing markets, while creating jobs at home. U.S. companies see these high growth emerging markets
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Expanding a successful program for small businesses

January 18, 2012

In 2012, OPIC will expand its popular Expanding Horizons event for small businesses, hosting seminars and workshops in multiple cities around the U.S. to help educate small businesses about the benefits of entering emerging markets abroad, and the ways that OPIC’s finance and political risk insurance products can help. OPIC has hosted Expanding Horizons around the country for the past six
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Liberia: The next six years and beyond

January 17, 2012

OPIC Executive Vice President Mimi Alemayehou on Liberian President Johnson-Sirleaf When Ellen Johnson-Sirleaf first became President of a war-torn Liberia in 2006, she helped usher in a period of reconciliation and rebuilding, as she worked to reduce poverty, strengthen businesses and forge stronger ties with the United States and foreign investors. This week President Johnson-Sirleaf – a recent Nobel Peace
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