The OPIC Blog

Archive for January, 2013

Meeting the global unemployment challenge

A report earlier this month from the International Finance Corporation (IFC) offered some staggering measures of worldwide unemployment. IFC said there are currently 200 million people unemployed around the world – a number roughly equivalent to the population of Brazil — and that the developing world will need to create some 600 million new jobs by the year 2020, just Read more…

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Featured photo: OPIC President Elizabeth Littlefield speaks at the World Economic Forum

This image from a screen recapping events at the World Economic Forum in Davos, Switzerland captures a quote from OPIC President and CEO Elizabeth Littlefield. She is speaking on a panel about Scaling Social Innovation, and is participating in multiple events at the Forum exploring ways to address transformative social and environmental change.

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OPIC returns to Davos for the World Economic Forum’s annual meeting

OPIC President and CEO Elizabeth Littlefield joins a large group of business and political leaders from around the world gathering in Davos, Switzerland this week for the annual meeting of the World Economic Forum (WEF). For more than 40 years, the event has focused high-level discussions around some of the biggest challenges facing the planet, and sought to identify solutions Read more…

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Small loan, big impact

In 2012, OPIC committed a $3.5 million loan to Healthpoint Services Global India Ltd., an affiliate of the U.S. company Healthpoint Global Services Inc., to support the construction of small water treatment facilities to some 400 communities in India’s Punjab state that have limited access to safe drinking water. The project, which is expected to prevent waterborne diseases and other Read more…

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OPIC monitoring trip to Kenya: A revolution realized

An interdepartmental OPIC team traveled to Kenya last year to monitor the performance of three financial institutions whose microfinance lending is supported by the agency: Musoni, the Kenya Women’s Finance Trust DTM Ltd (KWFT), and Equity Bank. Over the course of three days, members of OPIC’s Office of Investment Policy, Portfolio Management Department, Small and Medium-sized Enterprise Finance Department, and Read more…

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OPIC Director of Private Equity Chinesom Ejiasa discusses the massive opportunity in Africa

In this interview on the International Centre for Business Information’s SuperReturn TV, Overseas Private Investment Corporation Director of Private Equity Chinesom Ejiasa explains how OPIC provides support for investment funds in emerging markets and outlines the what he describes the investment opportunity in Africa, which needs to advance food security, build more infrastructure and accommodate a growing consumer population. Join Read more…

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Featured photo: A modern oasis in India

A villager in a remote region of India picks up his daily supply of clean drinking water that has been purified by Healthpoint Services Global India Ltd. to prevent waterborne diseases. OPIC last year committed a $3.5 million loan to the company, which is an affiliate of the U.S.-based Healthpoint Global Services Inc., to support the construction of small water Read more…

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