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New video illustrates how OPIC supports development

May 20, 2015

Developing countries are at the forefront of possibility in today’s world, but they also face significant challenges that are too great to be addressed by aid or the public sector alone. This new video illustrates how OPIC works with the private sector to address many of these challenges and make a positive difference in some of the poorest and most
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OPIC awards seven clients Impact Awards for excellence in development

May 19, 2015

OPIC recognized seven clients for excellence in development at its May 19 Impact Awards. Clients were recognized for projects that bring electricity to remote villages in India, financial services to small businesses in the Middle East, affordable education to poor families in Sub-Saharan Africa and much more. “It’s easy to think of international development in far-flung corners of the world
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Four data points showing five years of progress at OPIC

May 13, 2015

OPIC’s 2014 annual report … in addition to highlighting full year results … offers some data on the Agency’s progress over the past five years. These include: Steady growth in OPIC’s total portfolio:   A sharp increase in renewable energy commitments:   A strong focus on investing in Sub-Saharan Africa, which accounted for more than a quarter of new commitments
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Featured Photo: On Mother’s Day, OPIC’s support to African medical care helps new mothers

May 08, 2015

In honor of Mother’s Day on May 10, this photo shows the Mission Mbagala Dispensary, a small clinic in Dar es Salaam, Tanzania, tending to a new mother and her infant. Supported by an OPIC loan, the clinic is one of several that have been able to use loans from the Medical Credit Fund to support upgrades, expansions and purchase
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Throwback Thursday: A look at why the world’s poor are a good credit risk

May 07, 2015

Does it make sense to lend to the world’s poorest people? Two years ago, OPIC Deputy Vice President John Aldonas tackled this question in a piece on The OPIC Blog, where he noted that microfinance lending can lead to explosive growth in productivity and help small businesses attain the scale they need to succeed. Because so much of OPIC’s work
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The hard and necessary work of investing in the world’s most vulnerable places

May 06, 2015

“As Afghanistan moves forward with its own security forces and a democratically elected unity government, business will be key to sustaining the momentum catalyzed by the massive U.S. and international efforts over the last decade,” OPIC President and CEO Elizabeth Littlefield writes in The Huffington Post. The piece, which outlines OPIC’s work supporting development in vulnerable places from Afghanistan to
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How OPIC supports American small businesses and American jobs

May 06, 2015

National Small Business Week recognizes the important contributions of America’s small businesses and entrepreneurs. At OPIC, it’s an occasion to remind small businesses that they can benefit from engaging in the global economy. OPIC recognizes that small businesses have a lot to gain from expanding into developing markets and they are often the ones most in need of financing or
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What is the Role of Investment in Development?

May 04, 2015

This entry originally ran on DipNote, the U.S. Department of State’s Official Blog. When you hear the phrase “development finance,” what do you think of? For many people, the first thing that comes to mind might be foreign aid — also known as official development assistance (ODA). To be sure, ODA plays an important role, particularly in the least developed
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Featured photo: Investment in Ukraine ready for growth

May 01, 2015

On April 28, Vitali Klitschko, Mayor of Kyiv, Ukraine, visited OPIC’s President and CEO Elizabeth Littlefield in Washington D.C., to encourage private investment to boost Ukraine’s economic growth and stability. Mayor Klitschko’s message to OPIC and potential investors underscored that Kyiv, which lies several hundred miles from areas of conflict, is stable and ripe for investment – particularly in the
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