May 07, 2013
OPIC’s newly-released 2012 annual report showcases several key projects and agency priorities of the past year and highlights the role of innovation in our work. Innovation has long been a guiding principal at OPIC, which has built creative deal structures and partnerships to address the challenges of investing in the developing world and worked with several innovative businesses that found Read more…
May 06, 2013
OPIC will take its popular Expanding Horizons workshop to Charleston, South Carolina on May 7 in an effort to educate more small businesses from the southeastern United States about the benefits of expanding into emerging markets, and the ways that OPIC finance and insurance tools can support their efforts. OPIC began its Expanding Horizons series in 2006 in recognition of Read more…
April 22, 2013
By Mitchell L. Strauss, Special Advisor, Socially Responsible Finance Throughout our 40+ year history as the U.S. government’s development finance institution, OPIC has been transforming private capital into solutions for social and environmental challenges around the world, while also generating a financial return, allowing us to make our own contributions to the impact investing sector. But in the last five Read more…
April 09, 2013
Measuring and monitoring impact: A conversation with Margaret Kuhlow of OPIC’s Office of Investment Policy As the U.S. Government’s development finance institution, OPIC is focused on supporting projects that deliver real and measurable benefits in their host countries. The Agency is also mandated by Congress to hold all of its projects to high environmental, social, human rights, economic and developmental Read more…
March 13, 2013
By Loren Rodwin, OPIC Managing Director of Micro and SME Finance Traveling through Phnom Penh, one learns quickly that Cambodia is not only a land of great physical beauty, but keeper of a stunning architectural inheritance, too. And how Cambodians keep it: the Khmer-style temples that dot the capital’s avenues are both jaw-dropping in their look and pristine in their Read more…
March 08, 2013
By Judith Pryor, Vice President, OPIC Office of External Affairs Since 1987, the United States has recognized March as Women’s History Month, and since the early 1900s, International Women’s Day has been observed all over the world. This year’s theme, “The Gender Agenda: Gaining Momentum,” recognizes that equality is an essential part of a modern progressive world. The theme is Read more…
March 05, 2013 OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range Read more…
February 19, 2013
By: Tim Harwood An interdepartmental OPIC team traveled to Kenya in 2012 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 Read more…
February 08, 2013
In Nairobi, Kenya, Equity Bank CEO Dr. James Mwangi (center) introduces OPIC President and CEO Elizabeth Littlefield to Equity Bank agent Maureen Wambugu (right). One of the bank’s community branches is surrounded by several local businesses, including a second hand shoe trader, whose owner used an Equity Bank micro loan to expand his business. OPIC is providing $8.45 million in Read more…
February 07, 2013 Jordanian micro entrepreneurs and small businesses – vital engines of the country’s economy but too often lacking access to long-term capital – received a significant boost in the form of a $2 million loan from OPIC through its partnership with Citibank N.A. Jordan. The loan will support the growth of the Microfinance portfolio of Tamweelcom, the leading microfinance institution in Read more…
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