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The OPIC Blog


South Sudan: The world’s newest developing nation

November 07, 2012

Last month, OPIC announced it was open for business in one-year-old South Sudan, the newly formed African country that seceded from Sudan in July 2011. The young country boasts enormous natural resources including oil, rich farmland and abundant wildlife across huge uncharted savannahs. It also faces formidable development challenges. Chief among those needs is the lack of basic infrastructure. During
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Featured photo: Improving financial inclusion through microfinance

October 26, 2012

OPIC President & CEO Elizabeth Littlefield, Equity Bank founder James Mwangi (far left) and other bank representatives visit a branch in Nairobi, Kenya, to learn more about improving financial inclusion through microfinance and mobile banking technologies. The OPIC-supported Helios Sub-Saharan Africa Fund invested in Equity Bank, which has operations throughout East Africa.

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At U.N. and CGI, U.S. highlights importance of collaboration in addressing world’s biggest problems

October 01, 2012

The need to form partnerships and collaborate emerged as a common theme over the past week as top world leaders converged in New York for both the 67th General Assembly of the United Nations and the Clinton Global Initiative. President Barack Obama spoke at the United Nations of “an interdependent world (where) all of us have a stake in working
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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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