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Featured photo: OPIC President Elizabeth Littlefield speaks at the World Economic Forum

January 25, 2013

This image from a screen recapping events at the World Economic Forum in Davos, Switzerland captures a quote from OPIC President and CEO Elizabeth Littlefield. She is speaking on a panel about Scaling Social Innovation, and is participating in multiple events at the Forum exploring ways to address transformative social and environmental change.

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OPIC returns to Davos for the World Economic Forum’s annual meeting

January 22, 2013

OPIC President and CEO Elizabeth Littlefield joins a large group of business and political leaders from around the world gathering in Davos, Switzerland this week for the annual meeting of the World Economic Forum (WEF). For more than 40 years, the event has focused high-level discussions around some of the biggest challenges facing the planet, and sought to identify solutions
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Small loan, big impact

January 22, 2013

In 2012, OPIC committed a $3.5 million loan to Healthpoint Services Global India Ltd., an affiliate of the U.S. company Healthpoint Global Services Inc., to support the construction of small water treatment facilities to some 400 communities in India’s Punjab state that have limited access to safe drinking water. The project, which is expected to prevent waterborne diseases and other
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OPIC monitoring trip to Kenya: A revolution realized

January 16, 2013

An interdepartmental OPIC team traveled to Kenya last year to monitor the performance of three financial institutions whose microfinance lending is supported by the agency: Musoni, the Kenya Women’s Finance Trust DTM Ltd (KWFT), and Equity Bank. Over the course of three days, members of OPIC’s Office of Investment Policy, Portfolio Management Department, Small and Medium-sized Enterprise Finance Department, and
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OPIC Director of Private Equity Chinesom Ejiasa discusses the massive opportunity in Africa

January 14, 2013

In this interview on the International Centre for Business Information’s SuperReturn TV, Overseas Private Investment Corporation Director of Private Equity Chinesom Ejiasa explains how OPIC provides support for investment funds in emerging markets and outlines the what he describes the investment opportunity in Africa, which needs to advance food security, build more infrastructure and accommodate a growing consumer population. Join
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Featured photo: A modern oasis in India

January 11, 2013

A villager in a remote region of India picks up his daily supply of clean drinking water that has been purified by Healthpoint Services Global India Ltd. to prevent waterborne diseases. OPIC last year committed a $3.5 million loan to the company, which is an affiliate of the U.S.-based Healthpoint Global Services Inc., to support the construction of small water
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Featured photo: Santa Catarina wind farm in Mexico

December 21, 2012

An anemometer measures wind speeds at the construction site of the 20 megawatt Santa Catarina wind farm outside of Monterrey, Mexico. The wind farm is one of the investments of the OPIC-supported Latin Power III, an investment fund focused on energy and infrastructure projects in Latin America and the Caribbean.

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Ensuring accountability in international development

December 20, 2012

One of the key components of effective development is effective conflict resolution. Unresolved conflicts with local communities can result in higher costs, delays or even abandonment of projects. Last month, OPIC Director of Accountability, Dr. Keith Kozloff sat on a panel on Independent Accountability at the Washington Chapter of the Society for International Development (SID) to discuss the ways accountability
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OPIC’s profit per employee totals $1.2 million in 2012

December 14, 2012

Earlier this week, OPIC reported strong financial results for Fiscal Year 2012, including net income of $272 million, and a 30 percent increase in financial commitments to American businesses investing in emerging markets abroad. The fact that these results were achieved with a full-time staff of just 220 underscores the efficiency of OPIC’s operation. The agency’s profit-per-employee in 2012 worked
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Featured photo: Transportation expansion in Tanzania

December 14, 2012

OPIC Chief of Staff John Morton meets with workers from the Alistair James Company Limited – a regional logistics business based outside of Dar Es Salaam, Tanzania. With OPIC support, the company owners – originally from Maryland – have nearly doubled their fleet of trucks and are now employing approximately 100 workers. The company is looking to eventually expand its transportation services
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