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Client spotlight: Global Partnerships invests more than just money in poor communities in Latin America

July 29, 2013

What do the world’s poor people need? Money is one simple answer, but money alone is often not enough to support long-term solutions to put individuals and communities on the path to prosperity. Seattle-based Global Partnerships is one OPIC client that has successfully combined microfinance lending with additional non-financial services such as education, training and healthcare to poor communities in Latin
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Powering Africa: A massive challenge and a major investment opportunity

July 26, 2013

Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of once poor people joining the middle class. But this recent progress sits against a backdrop of major ongoing developmental challenges, many of them related to access to electricity. Because it is essential
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Featured photo: OPIC President Elizabeth Littlefield visits the Karachi Stock Exchange

July 19, 2013

OPIC President and CEO Elizabeth L. Littlefield visited the Karachi Stock Exchange on July 18 and rang the ceremonial gong to open trading. Littlefield is on a four-day tour of Pakistan to meet with business leaders and review some OPIC-supported projects in the country.

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Paper features OPIC President Elizabeth Littlefield on the role of the private sector in Pakistan’s development

July 16, 2013

This week, OPIC President and CEO Elizabeth L. Littlefield is visiting Pakistan to discuss investment opportunities with the business community. The visit was highlighted in local media on Monday with an op-ed published by President Littlefield on the important role of the private sector in development. “Today, American and Pakistani businesses are increasingly linking up and succeeding together, and those
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Featured photo: Local retailer supports jobs and sustainable development in Guatemala

July 12, 2013

The Guatemala City flagship store of Cemaco, a family-owned business that operates 20 retail stores throughout Guatemala selling hardware, home goods ,toys and baby gear. OPIC, through a loan guaranty to World Business Capital, supported a $9,750,000 loan to help the business expand. The Cemaco retail chain currently has about 1,500 local employees and is committed to sustainable business practices
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OPIC Seminar Takes on Small Businesses in Salt Lake City

July 11, 2013

World Trade Center Utah Executive Vice President & COO Elizabeth Goryunova joins Overseas Private Investment Corporation (OPIC) Director of Public Affairs Dr. Larry Spinelli at an Expanding Horizons seminar for Utah’s small businesses. OPIC’s Expanding Horizons seminar met up with small business owners in Salt Lake City on July 10 to help educate them on how to take advantage of
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Tailoring finance tools for impact investors

July 09, 2013

This is the second blog post in an occasional series By Mitchell L. Strauss, Special Advisor, Socially Responsible Finance In my earlier blog post I explored OPIC’s contributions to the evolving impact investing sector, mostly by providing financing and insurance products to help American companies working in emerging markets. In addition to these core products, OPIC continues to innovate and
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OPIC to play key role in President Obama’s Power Africa initiative

July 02, 2013

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population
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OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

July 01, 2013

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access
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