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Beyond BRIC: The next economic giants

January 15, 2014

  It’s been 13 years since economist Jim O’Neill coined the term BRIC to refer to the four developing countries (Brazil, Russia, India and China) enjoying strong economic growth and promise rivaling or surpassing that seen in the developed world. Since then, many countries beyond the BRIC four have also started enjoying accelerated growth and economic promise in the developing
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Measuring and monitoring impact: Five ways development impacts lives (Part Three in a series)

November 06, 2013

This post is the third in a series on OPIC’s work measuring and monitoring the developmental impact of the projects it supports. To view the previous posts click here and here. Some benefits of an investment in a developing country are obvious. A new power plant, for example, provides a reliable source of electricity to people who may have been
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Featured Photo: Building a wind power farm in Peru

September 27, 2013

Workers assemble a wind turbine in northwestern Peru as part of the largest wind farm project in South America outside of Brazil. OPIC is in the process of structuring a $193 million OPIC loan to ContourGlobal Ltd. for the project, which will provide vital energy to a country that has enjoyed strong economic growth during the past decade but lacked
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OPIC board approves seven new deals at September meeting

September 26, 2013

OPIC’s Board of Directors held its final meeting of the fiscal year on September 19 and approved deals in Africa, the Middle East and Latin America that will improve access to electricity, small business lending, and healthcare while supporting U.S. investment in developing countries. The deals approved include: Small business lending in Kenya: OPIC agreed to provide a $75 million
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Sharing OPIC’s story: A conversation with Judith Pryor, Vice President of Office of External Affairs

July 31, 2012

In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project success stories are what people are most interested in. People like to hear how two college friends who traveled through Brazil came up with the idea to introduce
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Sustainable Development with Accountability

June 28, 2012

By Dr. Keith Kozloff, Director, OPIC Office of Accountability One of the many ways the world has evolved since the first Rio Earth Summit 20 years ago is that local communities now have a stronger voice in the development being considered and occurring in their own backyards.  One of the principles to come out of the 1992 Earth Summit stated
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Looking to Rio: Connecting the dots between environment and development

June 20, 2012

Later this week, as thousands of world leaders gather with the global development and business communities at the Rio+20 United Nations Conference on Sustainable Development in Brazil, they will focus on some of the seemingly incompatible challenges facing a world with a rapidly growing population and diminishing natural resources. Global energy consumption is expected to be 30% to 40% higher
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Project profile: Brazilian plant supports growth of U.S. juice maker

October 21, 2011

Sambazon Inc. of San Clemente, Calif. was formed in 2000 when a couple of friends traveling in Brazil noticed the local popularity of the antioxidant-rich açai berry and saw an opportunity to introduce it into the U.S. They started by purchasing a container of frozen pulp and peddling it to juice bars in southern California, but as sales took off
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Small firms also have a role in the global economy

October 18, 2011

OPIC President and CEO Elizabeth Littlefield recently published a piece in the Miami Herald about the economic benefits of small businesses expanding into developing markets overseas. Attached is the full text of the piece, which can also be found at MiamiHerald.com Today’s business news is dominated by the affairs of America’s largest corporations, like Apple, Boeing, GE and Google. The
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