The OPIC Blog

Archive for the emerging markets Tag

Alemayehou: Public private partnerships can transform Africa

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 Read more…

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World Humanitarian Day: The world needs more impact investing

In 2003, the United Nations created World Humanitarian Day to recognize those who face danger and adversity in order to help others. This year, the United Nations has created a new campaign called “The World Needs More” to literally turn words into aid. By sharing words like #development, #aid and #education on Twitter, users can join in providing much needed Read more…

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Featured photo: Local retailer supports jobs and sustainable development in Guatemala

The Guatemala City flagship store of Cemaco, a family-owned business that operates 20 retail stores throughout Guatemala selling hardware, home goods ,toys and baby gear. OPIC, through a loan guaranty to World Business Capital, supported a $9,750,000 loan to help the business expand. The Cemaco retail chain currently has about 1,500 local employees and is committed to sustainable business practices Read more…

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OPIC Seminar Takes on Small Businesses in Salt Lake City

World Trade Center Utah Executive Vice President & COO Elizabeth Goryunova joins Overseas Private Investment Corporation (OPIC) Director of Public Affairs Dr. Larry Spinelli at an Expanding Horizons seminar for Utah’s small businesses. OPIC’s Expanding Horizons seminar met up with small business owners in Salt Lake City on July 10 to help educate them on how to take advantage of Read more…

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Tailoring finance tools for impact investors

This is the second blog post in an occasional series By Mitchell L. Strauss, Special Advisor, Socially Responsible Finance In my earlier blog post I explored OPIC’s contributions to the evolving impact investing sector, mostly by providing financing and insurance products to help American companies working in emerging markets. In addition to these core products, OPIC continues to innovate and Read more…

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OPIC to play key role in President Obama’s Power Africa initiative

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population Read more…

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OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access Read more…

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Featured video: OPIC-supported business complex prepares to open in Georgia

The mountaintop Mtatsminda restaurant and business complex in Tbilisi, Georgia was renovated with the support of a $10 million OPIC loan and will reopen on Saturday, June 29. This clip from a local news program highlights visits this week from U.S. Ambassador to Georgia, Richard Norland, and Kenneth Angel, Managing Director, Project Finance at OPIC.

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Texas newspapers feature OPIC President Elizabeth Littlefield on the role of small businesses in the global economy

This week, OPIC held its Expanding Horizons workshop in Fort Worth, Texas with more than 100 U.S. small businesses from over 10 states attending. The events also were highlighted in local media with both The Houston Chronicle and The Fort Worth Star-Telegram publishing op-eds by OPIC President and Chief Executive Officer Elizabeth Littlefield on the important role small businesses can Read more…

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OPIC joins USGLC annual conference highlighting smart power and innovation

OPIC participated in the U.S. Global Leadership Coalition’s Annual Leadership Conference this week focusing on American aid investment and its role in building jobs and security at home. Featuring remarks by national security and foreign policy experts, the conference analyzed how to strengthen America’s leadership in the world through strategic investments in smart power. On Tuesday, OPIC Executive Vice President Read more…

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