February 28, 2014
OPIC President and CEO Elizabeth Littlefield met Feb. 27 with Rwandan President Paul Kagame while visiting the country to learn more about opportunities to support private sector investment. OPIC supports multiple agriculture projects in the country and is seeking additional ways to help address the country’s need for additional electricity, infrastructure and access to finance. Rwanda, which is about the
February 13, 2014
On Feb. 11, OPIC President and CEO Elizabeth Littlefield’s sent remarks by video to the New World Concepts’ International Women Leaders Summit in Karachi, Pakistan. The conference, which focused on “Women Making an Impact,” brought together female professionals and entrepreneurs to recognize women pioneering change in government and business. The summit highlighted how female leaders have changed the face of
January 24, 2014
In recent years OPIC has made it a priority to support impact investing and between 2008 and 2012 the Agency supported $2.4 billion in impact investments. Some of the challenges it has encountered in this relatively new investing sector are discussed in this blog post in the Stanford Social innovation Review, where OPIC outlines the process it adopted for identifying
January 17, 2014
OPIC President Elizabeth Littlefield holds a press conference in Accra, Ghana following a meeting with Ghana’s Vice President, Kwesi Amissah-Arthur. Littlefield traveled last month with an OPIC delegation to Ghana, Senegal and Liberia, where she toured OPIC-supported projects and met with government and business leaders to discuss development investment opportunities.
December 06, 2013
OPIC President and CEO Elizabeth Littlefield meets with Macky Sall, President of Senegal, while traveling with an OPIC delegation to West Africa. Africa has become a region of increased focus for OPIC in recent years and will play a key role in the U.S. Power Africa initiative to double access to electricity on the continent.
December 03, 2013
How can Africa fully compete when countless factories and computers go dark during rolling blackouts? How can it compete in an era of non-stop, round-the-clock communication when millions go home to candles or lanterns? Although Africa has made great strides in industries like transportation, manufacturing and telecommunications, some 600 million Africans still lack access to basic electricity. In a guest
September 10, 2013
By Brian O’Hanlon, Director of Business Development, Political and Sovereign Risk Last week, I joined OPIC President and CEO, Elizabeth Littlefield and OPIC Chief of Staff John Morton for an unprecedented event in the world of development finance. CEOs and representatives from 15 development finance institutions (DFIs) met in Frankfurt, Germany to discuss how to scale up climate finance in
August 02, 2013
OPIC President and CEO Elizabeth Littlefield (far left) tours the Aga Khan Hospital and Medical College in Karachi during her July visit to Pakistan. An OPIC loan is supporting the renovation and expansion of the facility that will include the introduction of advanced equipment, a center for medical innovation and a program to subsidize healthcare for poorer patients throughout Pakistan.
July 26, 2013
Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of once poor people joining the middle class. But this recent progress sits against a backdrop of major ongoing developmental challenges, many of them related to access to electricity. Because it is essential
July 19, 2013
OPIC President and CEO Elizabeth L. Littlefield visited the Karachi Stock Exchange on July 18 and rang the ceremonial gong to open trading. Littlefield is on a four-day tour of Pakistan to meet with business leaders and review some OPIC-supported projects in the country.