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Featured photo: Elizabeth Littlefield meets with Malawian president in New York

September 28, 2012

OPIC President and CEO Elizabeth Littlefield met with Malawian President Joyce Banda this week at the Waldorf Astoria Hotel in New York. Their meeting coincided with the opening of the 67th session of the U.N, General Assembly and Ms. Littlefield’s participation in the Clinton Global Initiative. Ms. Littlefield said OPIC in interested in helping Malawi develop its economy and create
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It’s as simple as a stove

August 30, 2012

How one appliance can saves lives, empower women, and reduce pollution in the developing world. By Mimi Alemayehou Nearly every mother’s daily routine includes making meals for her children no matter where on this planet she happens to live. In the U.S., we have a range of easy, efficient appliances to choose from when preparing a meal – stovetop, oven,
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Monthly news wrap-up: July 2012

August 01, 2012

This month, Ernst & Young released a new report, Rapid-Growth Markets Forecast Summer edition 2012, which explores how soaring domestic demand in many developing markets “is poised to change the rules of the world economy.” By 2020, the report says, the number of middle-class households in emerging countries will more than double, overtaking the U.S. and Eurozone with nearly 150
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“The most promising frontier market in the world today”

July 27, 2012

OPIC President and CEO Elizabeth Littlefield told Congress on Wednesday July 25 that Africa presented extensive investment and development opportunities but that U.S. businesses remain underrepresented on the continent. During the panel discussion, Embracing Africa’s Market Potential, before the Africa Subcommittee of the Senate Foreign Relations Committee, Littlefield described how OPIC supports long-term U.S. investments in Africa through political risk insurance,
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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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Monthly news wrap-up: June 2012

July 05, 2012

June was an eventful month for OPIC, which hosted its latest board meeting and approved several funding deals addressing a range of development challenges in a variety of regions. The board’s approvals included two solar projects in Peru, an Internet expansion project in East Africa, and several new investment funds that will bring the latest renewable energy technologies to emerging
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Featured photo: Secretary of State Hillary Clinton and OPIC President and CEO Elizabeth Littlefield at Rio+20

June 29, 2012

U.S. Secretary of State Hillary Clinton with OPIC President and CEO Elizabeth Littlefield after the announcement of the U.S.-Africa Clean Energy Finance Initiative in Rio de Janeiro, Brazil during the Rio+20 Conference on June 22, 2012. [Photo courtesy of Walter Mesquita]

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Secretary Hillary Clinton and OPIC’s Elizabeth Littlefield Announce the U.S.-Africa Clean Energy Finance Initiative

June 27, 2012

OPIC’s President Elizabeth Littlefield joined Secretary of State Hillary Clinton at the Rio+20 United Nations Conference on Sustainable Development last week to announce a new partnership to drive private sector investment in bringing clean energy to Africa. Energy access in African households is a major barrier to development. Although Africa has abundant clean energy resources, there is often a lack
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Looking to Rio: Connecting the dots between environment and development

June 20, 2012

Later this week, as thousands of world leaders gather with the global development and business communities at the Rio+20 United Nations Conference on Sustainable Development in Brazil, they will focus on some of the seemingly incompatible challenges facing a world with a rapidly growing population and diminishing natural resources. Global energy consumption is expected to be 30% to 40% higher
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“The itty-bitty multinational”

June 05, 2012

Many large U.S. corporations earn more than half their revenue in overseas markets, but as OPIC President and CEO Elizabeth Littlefield writes in The Atlantic, small businesses can also benefit from thinking globally. Littlefield notes that emerging markets have grown from 23 percent of the world economy in 1999 to nearly 40 percent in 2011, and will be the majority of
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