The OPIC Blog

Archive for February, 2014

Featured photo: OPIC delegation in Rwanda meets President Kagame

OPIC President and CEO Elizabeth Littlefield met Feb. 27 with Rwandan President Paul Kagame while visiting the country to learn more about opportunities to support private sector investment. OPIC supports multiple agriculture projects in the country and is seeking additional ways to help address the country’s need for additional electricity, infrastructure and access to finance. Rwanda, which is about the Read more…

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Supporting growth of women-owned businesses through training and loan guarantees

By Arun Hsu, Chief of Party, Jordan Loan Guarantee Facility Small and medium enterprises (SMEs) are key to innovation and an engine of economic growth and job creation in the Middle East and North Africa (MENA) region. Despite the crucial role SMEs play in the region’s economies, they often have great difficulty accessing the financing needed for start-up and growth. Read more…

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Spotlight on OPIC’s Impact Award in the critical infrastructure category

During the inaugural OPIC Impact Awards event on March 11 we will be honoring eight winners across six categories, including Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity and American Small Business. Each of our awardees was selected through a rigorous process considering each project’s focus in priority sectors or regions, innovation in overcoming difficulties, quality of Read more…

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OPIC-supported Siraj Investment Fund recognized for excellence

The Siraj Fund Management Company recently received EMEA Finance Magazine’s award for “Best Asset Manager in Palestine” for the year 2013. The Siraj Palestine Fund I, a $90 million fund based in Ramallah, is supported in part by a $30 million commitment from OPIC. The fund was established in 2011 for the purpose of investing in small and medium-sized West Read more…

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OPIC Impact Award spotlight: renewable resources

As the inaugural OPIC Impact Awards event approaches on March 11, OPIC is proud to be honoring winners in six categories: Renewable Resources, Critical Infrastructure, Access to Finance, Development Impact, Private Equity and American Small Business. OPIC leadership and senior staff selected our awardees after considering each project’s focus in priority sectors or regions, innovation in overcoming difficulties, quality of Read more…

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Shining a light on Africa’s future

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation There is a popular satellite photo of the earth at nighttime that really captures the severity of Africa’s power shortages. While much of the rest of the world shines brightly, the African continent sits mostly in darkness. It is easy to look at that image and conclude Read more…

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Announcing the inaugural OPIC Impact Awards

OPIC is proud to recognize some of our outstanding partners with our first ever OPIC Impact Awards for excellence in development finance.  The awards, which will be given out at a ceremony on March 11, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in clean energy, infrastructure, healthcare and other sectors Read more…

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OPIC project’s value commended at USGLC talk

The U.S. Global Leadership Coalition highlighted OPIC client Husk Power during a talk last month about the value of positive economic engagement in advancing foreign relations. Husk’s founders used an OPIC loan to introduce a series of mini-power plants in remote regions of India. “Today in India, 200,000 people now have electricity because of this project,” USGLC Executive Director Liz Read more…

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OPIC President and CEO recognizes women in leadership at International Women Leaders Summit

On Feb. 11, OPIC President and CEO Elizabeth Littlefield’s sent remarks by video to the New World Concepts’ International Women Leaders Summit in Karachi, Pakistan. The conference, which focused on “Women Making an Impact,” brought together female professionals and entrepreneurs to recognize women pioneering change in government and business. The summit highlighted how female leaders have changed the face of Read more…

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OPIC announces 2014 Expanding Horizons small business workshop schedule

OPIC will continue its popular Expanding Horizons series for small businesses in 2014, with four events around the country. These workshops and seminars help educate small businesses about the benefits of expanding into emerging markets, and the tools available from OPIC and other U.S. Government agencies that can support them. Expanding Horizons workshops are day-long events featuring presentations by OPIC, Read more…

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