The OPIC Blog

Two OPIC partners to participate in the Global Entrepreneurship Summit

  The 7th annual Global Entrepreneurship Summit this week in Silicon Valley will feature two OPIC partners on a panel that highlights the ways the U.S. Government catalyzes investment in emerging markets to drive economic growth, scale development innovations and combat poverty. OPIC partner QuantumID, a small startup that developed a handheld, cloud-based cargo tracking technology that has helped make Read more…

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Featured Photo: OPIC hosts hundreds of small businesses at its Expanding Horizons workshop in Houston

Nearly 250 small-businesses and entrepreneurs, representing eighteen states and seven countries – from Mexico to Nigeria and Burma — attended the Expanding Horizons workshop in Houston to learn about the ways OPIC and other government agencies can help them expand into emerging markets. The workshop was one of the largest in in Expanding Horizons’ 10-year history. OPIC helps businesses of Read more…

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OPIC partner Lumos recognized in “transformational business” awards

  Nova Lumos, an OPIC partner that is introducing home solar systems in Nigeria, was recognized with a special commendation in Financial Times/International Financial Corporation’s Transformational Business Awards for achievement in low-carbon urban transformation. Lumos was recognized as “a company whose impact goes well beyond its sector by offering a novel and affordable solution to the acute challenge of access Read more…

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How OPIC helped one Houston nonprofit expand access to clean water in Africa

OPIC travels to Houston this week, where it will host its latest Expanding Horizons workshop for small businesses interested in expanding into developing countries. Houston is also the site of one of OPIC’s early impact investing projects, Living Water International, which used OPIC financing 15 years ago to help some remote communities in Ghana and Kenya drill wells to secure a Read more…

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“A league of their own”: Women in development discuss America’s global impact

Photo from left: Liz Schrayer, U.S. Global Leadership Coalition (moderator); Dana Hyde, Millennium Challenge Corporation; Gayle Smith, U.S. Agency for International Development; Elizabeth Littlefield, OPIC; Carrie Hessler-Radelet, Peace Corps; Lee Zak, U.S. Trade and Development Agency. OPIC President and CEO Elizabeth L. Littlefield joined four other women who head U.S. agencies focused on development on June 13 to discuss the Read more…

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Featured Photo: Expanding access to finance to women in rural India

  Photo Credit Iftin Fatah Female entrepreneurs who have obtained financing from OPIC-supported Satin Creditcare Network Limited gather for a group meeting in Galand Village in Utter Pradesh State.  At a time when access to finance is so limited in developing countries,  financing provided by Satin Creditcare has provided individual loans to urban shopkeepers in India. Since Satin was founded Read more…

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Why is the U.S.-India solar partnership historic? One foundation weighs in

“More than 300 million people in India – that’s a quarter of the Indian population, mostly rural poor – cannot turn on a light. What power they have for their homes and kitchens comes from kerosene, wood, coal and cow manure. This takes a huge toll on people’s health, not to mention on the nation’s economy and air quality. Solar Read more…

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OPIC committed to continued support of renewable energy projects in India

  This week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support early stage projects seeking financial support from OPIC. The new U.S. India Clean Energy Finance Initiative will raise and deploy up to $20 million in project preparation support, sourced from U.S. foundations and the government Read more…

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Featured Photo: Liberian President visits OPIC

Liberian President Ellen Johnson Sirleaf on June 1st visited OPIC, where she spoke about the country’s recovery from the Ebola crisis and its longstanding development goals and progress. Sirleaf, pictured here with OPIC President and CEO Elizabeth L. Littlefield, held an informal Q&A with OPIC staff and discussed the need for more infrastructure throughout Africa, the important role diaspora investors Read more…

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OPIC to honor seven clients making a positive impact in emerging markets

OPIC is proud to recognize some of our outstanding partners with our 2016 OPIC Impact Awards for excellence in development. The awards, which will be presented on July 7, will highlight the important work OPIC clients are doing in emerging economies around the world. OPIC-supported projects in critical infrastructure, healthcare, education, agriculture, renewable energy, access to finance and other sectors are making a positive Read more…

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