The OPIC Blog

Archive for the economy Tag

Featured photo: A growing wool industry in Afghanistan

A livestock herder tends his flock in the foothills of the Hindu Kush mountains in Afghanistan. With the help of OPIC financing, Maryland-based American Wool & Cashmere has developed a regional infrastructure of centralized suppliers in western Afghanistan’s Herat Province who buy raw, unprocessed wool directly from herders like this. This infrastructure and new liquidity into this market for producers Read more…

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“The Lab:” A multinational innovation for a global challenge

  OPIC President and CEO Elizabeth Littlefield traveled to London in June to join the launch of the Global Innovation Lab for Climate Finance, a group of public and private sector leaders from around the world brought together by the Climate Policy Initiative (CPI). “The Lab” is a public-private initiative that seeks to leverage the tools of private investment to Read more…

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Featured photo: OPIC financing supports small businesses in Jordan

An employee of a small, family-owned chocolate manufacturer in Amman, Jordan prepares chocolates for packaging and sale throughout the country. The business is one of multiple small businesses that have received start-up loans from a Jordanian bank guaranteed through OPIC’s loan guaranty facility program, which is designed to promote lending to the small local businesses that are a critical part of Read more…

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Alemayehou: Public private partnerships can transform Africa

As much of Africa enjoys a period of unprecedented economic growth, it also faces the challenge of how to sustain and extend this progress. In a recent piece for AllAfrica.com, OPIC Executive Vice President Mimi Alemayehou notes that augmenting and maintaining the infrastructure needed to support this growth will cost hundreds of billions of dollars a year for the foreseeable Read more…

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OPIC recognizes International Youth Day 2013

Today is International Youth Day, a day created by the United Nations in 1999 to mark the important contribution youth make to the world. This year, International Youth Day focuses on youth migration and the rewards and risks associated with it. According to a 2012 report by the UN Capital Development Fund, 85 percent of youth currently live in developing Read more…

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Expanding Horizons Workshop comes on the heels of National Small Business Week

This week is National Small Business Week, an event organized by the U.S. Small Business Administration (SBA) to recognize American entrepreneurs and small business owners. OPIC understands that American small businesses are the heart of the country’s economy and also can play a significant role in the global economy. Last year, 73 percent of the deals OPIC approved were with Read more…

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The road to development begins with a road: OPIC receives multiple endorsements at Senate hearing

At a recent Senate hearing on International Development, OPIC was repeatedly cited for playing a leading role supporting development in ways that also support the American economy and national security. “No priority facing our nation is more important than putting Americans back to work,” John Murphy, Vice President for International Affairs at the U.S. Chamber of Commerce said at the Read more…

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A world of opportunity: OPIC’s interactive map feature

  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…

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Featured photo: Hotel construction in Tanzania

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…

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U.S. businesses are underrepresented in emerging markets, Littlefield says

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…

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