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Schwab Foundation names Bridge International Academies one of 2014’s top social entrepreneurs

May 08, 2014

  Bridge International Academies, a low-cost network of schools in Kenya that is expanding with the support of OPIC financing, has been named one of the Social Entrepreneurs of the Year for 2014 by the Schwab Foundation for Social Entrepreneurship. Bridge’s innovative model offers high-quality education for less than $6 per student, per month to thousands of children in hundreds
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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 welcomes Tony Blair

May 02, 2014

Last week, OPIC’s President and CEO Elizabeth Littlefield welcomed Tony Blair, former Prime Minister of the United Kingdom, to OPIC’s Washington, D.C. headquarters. He is currently the Quartet Representative, charged with promoting economic growth and job creation in the West Bank and the Gaza Strip. Littlefield and Blair last met in March at a conference Blair co-chaired in Prague, convening
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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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OPIC and solar energy: Bolstering renewable resources in development

April 22, 2014

This year’s Earth Day focus is sustainable cities and how the world’s cities are responding to our climate change challenge. Roughly 5.2 billion people are projected to live in the world’s urban communities by 2050. Developing energy sources, transportation systems and land management will help determine how best to facilitate this global challenge. For more than 40 years, the Overseas
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Featured photo: Bountiful harvest in Ethiopia

April 18, 2014

In honor of Earth Day on April 22, this photo, a Feed the Future photo contest winner, shows a farmer in Ethiopia, succeeding against the odds and producing a bountiful harvest in drought conditions. He is transporting a variety of chickpea called “areti,” which means “not afraid of drought.” The areti was introduced by the International Crop Research Institute for
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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: Global Partnerships

April 10, 2014

In the efforts to support the poor in ways that will have a sustained and meaningful difference in their lives, access to finance is a common theme. Millions of people in the developing world have no formal bank account and no way to access a bank loan to start a small business or purchase a home. OPIC has partnered with
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A country in a hurry: On the 20th anniversary of the Rwandan genocide, this small African country looks forward

April 09, 2014

By Elizabeth Littlefield President and Chief Executive Officer, U.S. Overseas Private Investment Corporation I first visited Rwanda in the early 1990s when I was just beginning my career in development, and spent several months in the country advising the leadership of local microfinance institutions. In addition to being struck by Rwanda’s natural beauty — its sweeping vistas of terraced hills
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