The OPIC Blog

10 years of small business outreach: A conversation with Dr. Lawrence Spinelli

One of OPIC’s longest running programs is the Expanding Horizons Workshop series to educate American small businesses about the ways OPIC and other U.S. Government Agencies can help them invest in emerging markets. The majority of development projects that OPIC supports are with American small and medium enterprises and Expanding Horizons has been a critical outreach tool. Since 2006, Expanding Read more…

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Why internet access is key to development

OPIC President and CEO Elizabeth L. Littlefield joined Secretary of State John Kerry, FCC Chairman Tom Wheeler and other leaders from around the world on Thursday as the State Department convened the Global Connect initiative to expand Internet access around the world. “The internet is essential to economy prosperity in the 21st century,” Kerry said. The internet is not a Read more…

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Littlefield on CNBC Asia: We’d like to invest more in the region

Littlefield on CNBC Asia: We’d like to invest more in the region During her recent visit to Indonesia and Singapore, OPIC President and CEO Elizabeth L. Littlefield appeared on CNBC Asia, where she said OPIC aims to double its portfolio in the ASEAN countries of Southeast Asia over the next 36 months. Watch the full length interview here: While OPIC has Read more…

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OPIC’s Littlefield on Medium blog: Microfinance, charting new territory

OPIC, recently announced surpassing $1 billion in microfinance support, and has been taking a closer look at our microfinance portfolio. This week on Medium, OPIC President and CEO Elizabeth L. Littlefield discusses why OPIC’s microfinance investments have a strong, positive developmental impact in host countries, while also performing well in OPIC’s portfolio. OPIC’s highly diversified microfinance portfolio spans than 180 Read more…

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SLIDESHOW: OPIC visits Senegal and Côte d’Ivoire

Last month, OPIC President and CEO Elizabeth L. Littlefield led a delegation of American business leaders and CEOs on an investor tour of West Africa which included meetings with local governments, visits to OPIC-supported projects, and the opening of OPIC’s new office in Abidjan.     Africa: The next clean energy powerhouse. At the Africa CEO Forum in Abidjan, OPIC Read more…

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PODCAST: Elizabeth Littlefield remarks on meeting with Senegal Prime Minister Mohammed Dionne

Last week, OPIC President and CEO Elizabeth Littlefield traveled to West Africa with a group of investors to discuss opportunities for the region and announce a new regional OPIC office located in Abidjan. While visiting Senegal, Ms. Littlefield met with the Prime Minister Mohammed Dionne to discuss the business climate and the diversity of projects that can provide sustainable high-quality Read more…

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Featured Photo: Peruvian artisan turns craft into a successful business

Peruvian artisan, Inés Callanaupa, received financing through OPIC-partner Global Partnerships to grow her business and is an example of how OPIC reached a milestone of $1 billion in microfinance loans. Callanaupa has used the financing to turn her craft of textile weaving into a successful business that enables her to support her family and employ 45 other women. Many entrepreneurial Read more…

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Featured Photo: Elizabeth Littlefield meets with Ivorian President Ouattara

OPIC’s president and CEO, Elizabeth Littlefield met with the Côte d’Ivoire President Alassane Ouattara, on March 22nd to discuss growth and investment opportunities. Littlefield was in the country for the opening of OPIC’s regional office for West Africa, located in Abidjan, where she also attend the Africa CEO Forum. To recognize the office’s opening, Littlefield, along with a team from Read more…

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Partner spotlight: How MicroVest combines a commercial and social approach to microfinance investing

Earlier this week OPIC announced that it has surpassed $1 billion in financing to support microfinance investing around the world. Here, we look at one of our microfinance partners, Bethesda, Maryland-based MicroVest, which invests in microfinance institutions in over 30 developing countries. Here, MicroVest explains its approach to successful microfinance investing and the ways OPIC has supported it.  MicroVest has an Read more…

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Advancing development by investing in microfinance: OPIC’s Richard Greenberg explains

OPIC, which has actively supported microfinance investment for more than a decade, recently announced that it has surpassed the $1 billion mark in financing to support microfinance projects around the world. Here, Richard Greenberg, OPIC Managing Director, OPIC Micro and SME Finance, discusses the important role microfinance places in OPIC’s development mission, and why OPIC financing plays an important role Read more…

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