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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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A pivotal year for foreign affairs, a banner year for OPIC: Read the fiscal 2011 annual report

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
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Timeline: A look back at OPIC’s swift response to the 2011 uprisings in the Middle East

January 27, 2012

January marks the first anniversary of the protests in Egypt’s Tahrir Square, which set off broader uprisings that spread throughout the country and much of the Arab World. In the year since then, the Egyptian government has toppled, many of the protests throughout the region continue, and progress has been both promising and unsteady –all underscoring the challenges of achieving
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OPIC co-hosts luncheon for companies interested in investing in MENA

August 15, 2011

OPIC co-hosted a luncheon with the State Department at the Chamber of Commerce on August 11 for U.S. Companies investing, or interested in investing, in Egypt and Tunisia.  OPIC’s Executive Vice President Mimi Alemayehou, and Managing Director of Investment Development and Coordination John Moran (pictured), spoke to representatives of some 40 major U.S. companies about the financial tools OPIC offers
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Global Development Supports Domestic Development

July 29, 2011

By Elizabeth Littlefield, OPIC President and CEO At first glance, the prospects for American foreign aid and investment might look grim these days. As debt ceiling discussions and proposed austerity measures cast a shadow on all federal spending, money spent or invested far from home might seem an easy target for deep cutbacks. But such a response would be based
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Technology and the Arab Spring

July 21, 2011

At a series of Egypt Forward forums held around the U.S. in June, OPIC President Elizabeth Littlefield and other OPIC staffers addressed hundreds of American businesses interested in doing business in Egypt and described how OPIC’s finance and insurance tools could support them. The forums were sponsored by the U.S. Trade and Development Agency (USTDA), which works to create U.S.
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“Investment – not just assistance” for the Middle East and North Africa

July 01, 2011

Just like in the United States, small businesses are the backbone of the economies of the Middle East and North Africa (MENA), and a strong private sector is vital for increased employment and economic growth.  And as President Obama stated in his recent speech about the region, “though these countries may be a great distance from our shores, we know
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