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Alemayehou: Public private partnerships can transform Africa

August 23, 2013

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
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OPIC recognizes International Youth Day 2013

August 12, 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
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Expanding Horizons Workshop comes on the heels of National Small Business Week

June 20, 2013

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

May 29, 2013

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
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A world of opportunity: OPIC’s interactive map feature

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
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Featured photo: Hotel construction in Tanzania

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

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
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OPIC’s increased commitment to small business

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
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Microfinance support for small businesses in Israel

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
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OPIC President Elizabeth Littlefield’s statement on the American Jobs Act

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
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