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Trade, aid and development: How OPIC supports many U.S. priorities

May 27, 2014

By Judith Pryor Vice President, OPIC Office of External Affairs In 2010, President Obama unveiled the National Export Initiative  to remove trade barriers abroad and help American business compete globally. With about 95 percent of the world’s consumers living outside U.S. borders, it’s hard to overstate the importance of this initiative and I’m happy to say it has been a
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Read OPIC’s 2013 annual report

May 21, 2014

OPIC’s 2013 annual report, which features several key accomplishments of the Agency in a record-setting year, is available here on the OPIC website. Some of the key features of this year’s report include: A section on the Agency’s work supporting President Obama’s Power Africa initiative A detailed look at the many ways OPIC-supported projects advance development A look at the
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Featured photo: International Rescue Committee, winner of OPIC’s Impact Award for Development Impact

May 16, 2014

In Cote d’Ivoire, women draw water from a well built by International Rescue Committee, a nonprofit that works to respond to humanitarian crises around the world with a broad spectrum of services related to healthcare, improved living conditions and social services. OPIC provides political risk insurance for IRC’s operations in more than 20 countries, including Cote d’Ivoire, and earlier this
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Featured photo: Helios Investment Partners, winner of OPIC Impact Award for Private Equity

May 09, 2014

Nicholas Aoama Oyiek, who owns a garage employing 20 people in Nairobi, is just one of the small business owners who have benefited from the support of Helios Investment Partners LLC, a private equity firm that is managed by Africans and invests exclusively in businesses in Sub-Saharan Africa. His success also helps illustrate the impact of OPIC’s support for emerging
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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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