June 07, 2013
OPIC President and Chief Executive Officer Elizabeth Littlefield attended the UK’s G8 Social Impact Investing Forum in London this week. On The White House Blog, Littlefield, along with Karen G. Mills, Administrator of the U.S. Small Business Administration (SBA), and Rajiv Shah, Administrator of the U.S. Agency for International Development (USAID), discuss the National Impact Initiative (NII) launched at the
June 06, 2013
This week, OPIC President and CEO Elizabeth Littlefield traveled to London to participate in two events that focused on impact investing, which has long been a focus at OPIC and is increasingly attracting attention from investors and entrepreneurs. The Development Impact Bond Working Group, formed by the Center of Global Development (CGD) and Social Finance, convened on June 5 to
June 05, 2013
OPIC’s Small and Medium-Enterprise (SME) Financing is available for businesses with annual revenues of less than $400 million. In this interview, James Polan, Vice President, Small and Medium Enterprise Finance, explains the work that he and his colleagues do to provide counsel and financial products to these types of businesses looking to do business in emerging markets. Why does OPIC focus so
May 31, 2013
Candido Rodriguez, a farmer who lives and works in a rural region of Nicaragua, was able to purchase a solar panel with the help of a local microfinance institution, Fondo de Desarrollo Local (FDL), that offers flexible repayment in order to make solar products affordable to families who live off the electric grid. FDL is one of the many microfinance
May 29, 2013
At a recent Senate hearing on International Development, OPIC was repeatedly cited for playing a leading role supporting development in ways that also support the American economy and national security. “No priority facing our nation is more important than putting Americans back to work,” John Murphy, Vice President for International Affairs at the U.S. Chamber of Commerce said at the
May 03, 2013
Workers at Plumblink, a South African supplier of plumbing and sanitation equipment that is one of the investments of the OPIC-supported Ethos Fund, that invests in African businesses. OPIC is one of the largest sponsors of private equity funds in emerging markets, supporting investments that contribute to development and often create local jobs.
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
March 22, 2013
OPIC President and CEO Elizabeth Littlefield and OPIC Board Member and New Hampshire native Jim Demers met with U.S. Senators Jeanne Shaheen (D-NH) and Kelly Ayotte (R-NH) to discuss OPIC’s ongoing efforts to encourage U.S. private sector investment in emerging markets. OPIC helps private sector companies break into emerging markets overseas to create jobs and growth opportunities here at home.
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
January 25, 2013
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.