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Trade, aid and development: How OPIC supports many U.S. priorities

May 27, 2014

By Judith Pryor Vice President, OPIC Office of External Affairs In 2010, President Obama unveiled the National Export Initiative  to remove trade barriers abroad and help American business compete globally. With about 95 percent of the world’s consumers living outside U.S. borders, it’s hard to overstate the importance of this initiative and I’m happy to say it has been a
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Read OPIC’s 2013 annual report

May 21, 2014

OPIC’s 2013 annual report, which features several key accomplishments of the Agency in a record-setting year, is available here on the OPIC website. Some of the key features of this year’s report include: A section on the Agency’s work supporting President Obama’s Power Africa initiative A detailed look at the many ways OPIC-supported projects advance development A look at the
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To the warm heart of Africa: OPIC investment mission to Malawi and Rwanda

May 05, 2014

By Benjamin Hunt – Special Assistant to the OPIC President About 7,000 miles east of Washington, D.C., sit the Republic of Malawi and the Republic of Rwanda, two countries part of an African sub-region known as the “Heart of Africa.” Despite being officially acknowledged within the geo-political borders of East or Central Africa, Rwanda and Malawi prefer the warmer colloquial
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Featured photo: OPIC President & CEO Elizabeth L. Littlefield rings the New York Stock Exchange closing bell

April 25, 2014

On Monday, April 21, OPIC’s President and CEO Elizabeth Littlefield, along with representatives and guests from the U.S. National Advisory Board to the Social Impact Investment Task Force (NAB), rang the closing bell at the New York Stock Exchange to raise awareness about the role of public and private innovation and entrepreneurship in solving our greatest social challenges. Littlefield is
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#SheBuilds: Investing in women is an investment in global development

April 11, 2014

By Judith Pryor Vice President, Office of External Affairs, Overseas Private Investment Corporation On April 10, the Millennium Challenge Corporation, Devex and Vital Voices held the #SheBuilds Twitter chat, aimed at engaging development practitioners, stakeholders and the public on the many reasons why gender integration and investing in women and girls is absolutely crucial to development. As Vital Voices pointed
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Featured photo: Rwanda 20 years later

April 11, 2014

In February, OPIC President and CEO Elizabeth Littlefield visited Rwanda’s Genocide Memorial while leading a delegation to meet with investors and government leaders. In this recent blog post, Littlefield described the country today and OPIC’s efforts to support private sector investment there.

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Spotlight on OPIC Impact Award winners: ContourGlobal

April 02, 2014

Over the course of four decades addressing major world development challenges, OPIC has focused on different sectors, but infrastructure has been a constant. Power plants, airports and clean water facilities literally lay the foundation for future improved living standards, business activity, and overall economic growth and stability. At its March 11 Impact Awards, OPIC awarded the Critical Infrastructure Award to
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OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

March 31, 2014

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received an award from Project Finance International, which named SunEdison’s San Andres facility the Latin American Solar Deal of the Year for 2013.
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“My unique connection to Power Africa:” OPIC’s Alemayehou featured in USAID newsletter

March 27, 2014

In the summer of 2013, President Obama announced the Power Africa initiative, designed to help African countries responsibly develop extensive energy resources with the aid of private sector investors. OPIC committed up to $1.5 billion in financing to support this endeavor, in keeping with the agency’s longstanding history of supporting projects in Sub-Saharan Africa. OPIC Executive Vice President Mimi Alemayehou,
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Spotlight on OPIC Impact Award winners: Helios Investment Partners

March 26, 2014

In addition to the direct financing OPIC provides to many projects in emerging markets, the Agency also supports development by providing financing to privately-owned and managed equity funds investing in emerging markets. These funds serve multiple roles from providing capital to up-and-coming companies and guiding strategic decisions in rapidly changing markets to advising on best practices in management and information
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