March 05, 2013 OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range Read more…
November 02, 2012
Workers at the construction site of a new hotel on the Tanzanian coastline outside Dar es Salaam. A team from OPIC recently visited Tanzania to explore potential projects, including one in the tourism sector, which is a steadily growing component of the Tanzanian economy. OPIC’s interest in Tanzania reflects a larger focus on Sub-Saharan Africa, which is home to many Read more…
July 17, 2012
At a time that the U.S. economy is tied more closely than ever to the world economy and some of the strongest economic growth is occurring in developing countries, American businesses are underrepresented in many of these high-growth regions, OPIC President and CEO Elizabeth Littlefield said. Littlefield, who spoke on Tuesday, July 17 at the Women in Finance symposium at Read more…
May 22, 2012 Small businesses are at the heart of the U.S. economy, and OPIC is committed to putting them at the heart of the global economy as well. This chart illustrates the progress OPIC has made in recent years. In fiscal year 2011, 78% of OPIC’s committed projects were with small and medium-sized enterprises (SMEs). That represents an increase from 69% in Read more…
April 11, 2012 Small businesses are so universally recognized as a key “engine of the economy,” that that very phrase has become cliché. But the fact remains that banks prefer lending money to established organizations. This recent Times of Israel story explores that dilemma as well as the “magic of microfinance” in helping those small businesses make it big. It also shows how Read more…
September 09, 2011 Last night, President Obama unveiled the American Jobs Act, a collection of bipartisan strategies that will put more Americans back to work, in part by providing incentives for small businesses to hire and grow. I applaud this move, which will accelerate the growth of the U.S. economy, and help us weather some of the economic headwinds we’ve encountered in recent Read more…
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