March 29, 2013
OPIC Managing Director of Micro and SME Finance Loren Rodwin, left, visits the home of Pen Phalla, center, a Cambodian grocery store owner who is using a $3000 home improvement loan to expand her house and business in the traditional Khmer architectural style. A Cambodian microfinance institution, Thaneakea Phum (Cambodia), Ltd. (TPC), is using a $5 million OPIC loan to Read more…
March 13, 2013
By Loren Rodwin, OPIC Managing Director of Micro and SME Finance Traveling through Phnom Penh, one learns quickly that Cambodia is not only a land of great physical beauty, but keeper of a stunning architectural inheritance, too. And how Cambodians keep it: the Khmer-style temples that dot the capital’s avenues are both jaw-dropping in their look and pristine in their Read more…
July 25, 2012
Always seeking to offer products that support sustainable development, the Overseas Private Investment Corporation (OPIC) is pleased to share the news that Environmental Finance magazine has announced the agency and Terra Global Capital, a U.S-based leading land-use carbon development and investment company, as the recipients of their distinguished Sustainable Forestry Transaction of the Year award. The award specifically recognizes OPIC Read more…
May 22, 2012
OPIC recently published its annual report for fiscal 2011, a year that OPIC President and CEO Elizabeth Littlefield describes as “a pivotal year for foreign affairs and a banner year for the U.S. Government’s development finance institution.” Littlefield’s full letter is preinted below, and the complete annual report is available on OPIC.gov. When I embarked on my first full year at Read more…
May 18, 2012 President Obama delivered the opening keynote on May 18 to the Symposium on Global Agriculture and Food Security in Washington, D.C. The event precedes the G8 summit Saturday May 20 at Camp David, where leaders will meet to discuss the challenge of feeding a growing world. The focus of the event underscores how food security remains a major challenge: The U.S. Read more…
March 07, 2012 Opportunity. Uncertainty. Possibility. Unpredictability. These wide-ranging terms describe what many investors think about emerging markets, especially those with a history of civil unrest, violence or a questionable rule of law. We are in the business of helping U.S. businesses gain footholds in emerging markets in order to catalyze revenues, jobs and growth opportunities both at home and abroad. And as Read more…
February 02, 2012 Cambodian monks a play key role in project monitoring and forest management in their community forest. Read more about the REDD (Reduced Emissions from Deforestation and Forest Degradation) project in Cambodia, for which OPIC is providing political risk insurance.
January 19, 2012 Can we advance U.S. development and foreign policy and make money for the budget at the same time? Yes. And we do. Private investors such as entrepreneurs and members of diasporas are ready to invest in projects that build sustainable economies, opportunities and hope in developing markets, while creating jobs at home. U.S. companies see these high growth emerging markets Read more…
November 30, 2011
OPIC’s work catalyzing private-sector investment to solve critical world challenges is increasingly focused on the renewable resources sector, with projects that support clean and sustainable development. On Dec. 2, OPIC will highlight its work in renewable resources at the COP 17, the United Nations Climate Change Conference in Durban, South Africa. OPIC President and CEO Elizabeth Littlefield and John Morton, Read more…
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