The OPIC Blog

Archive for the MENA Tag

OPIC co-hosts luncheon for companies interested in investing in MENA

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 Read more…

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Global Development Supports Domestic Development

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 Read more…

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Food is a renewable resource

Last month, OPIC approved nearly $500 million for five renewable resource private equity funds, easily surpassing a pledge OPIC President and CEO Elizabeth Littlefield made at the 2010 U.N. Climate Change Conference, to provide at least $300 million for private equity investment in renewables. The five funds, which were selected from 56 funds that responded to OPIC’s call for proposals, Read more…

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“Investment – not just assistance” for the Middle East and North Africa

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 Read more…

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