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The OPIC Blog
OPIC returns to Davos for the World Economic Forum’s annual meetingJanuary 22, 2013OPIC 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 
Small loan, big impactJanuary 22, 2013In 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 
OPIC monitoring trip to Kenya: A revolution realizedJanuary 16, 2013An 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 
Featured photo: A modern oasis in IndiaJanuary 11, 2013A 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 
Featured photo: Santa Catarina wind farm in MexicoDecember 21, 2012An anemometer measures wind speeds at the construction site of the 20 megawatt Santa Catarina wind farm outside of Monterrey, Mexico. The wind farm is one of the investments of the OPIC-supported Latin Power III, an investment fund focused on energy and infrastructure projects in Latin America and the Caribbean. 
OPIC’s profit per employee totals $1.2 million in 2012December 14, 2012Earlier this week, OPIC reported strong financial results for Fiscal Year 2012, including net income of $272 million, and a 30 percent increase in financial commitments to American businesses investing in emerging markets abroad. The fact that these results were achieved with a full-time staff of just 220 underscores the efficiency of OPIC’s operation. The agency’s profit-per-employee in 2012 worked 
Supporting investment in AfghanistanDecember 10, 2012Last week, OPIC joined the Afghan-American Chamber of Commerce’s 8th Annual U.S.-Afghanistan Business Matchmaking Conference, where OPIC Senior Investment Officer John Didiuk (pictured) discussed the agency’s mission, private sector development and the potential for business finance in Afghanistan. The two-day conference and trade show, designed to help U.S. businesses learn about opportunities in Afghanistan, also featured panel discussions covering the 
Featured photo: Savannah Fruits Company in GhanaDecember 07, 2012OPIC provides financing to the nonprofit social investment fund Root Capital, which supports lending to Savannah Fruits and other small rural businesses in Africa and Central and South America. Ghana has a long tradition of manually harvesting and processing shea nuts into butter. Savannah Fruits Co was founded in 2006 with the goal of connecting more local shea butter producers 
OPIC, Ex-Im Bank and USTDA Partner to increase clean energy investment in AfricaNovember 30, 2012OPIC is partnering with two other U.S. government agencies to help promote U.S. private sector investment in clean energy projects in Africa through the Africa Clean Energy Development and Finance Center (CEDFC). Acting U.S. Commerce Secretary Rebecca Blank this week launched the CEDFC, an interagency partnership of OPIC, the U.S. Export-Import Bank and the U.S. Trade and Development Agency (USTDA) 
Featured photo: Updating property records in the State of MexicoNovember 23, 2012OPIC financing is supporting a project by the Public Registry for the State of Mexico, to update all its property records currently stored in 19 buildings across the country, in order to provide greater accuracy and access. The photo shows the old storage system in one public registry in Toluca, Mexico, in which property titles and deeds were written in |
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