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The OPIC Blog
Food is a renewable resourceJuly 12, 2011Last 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, “Investment – not just assistance” for the Middle East and North AfricaJuly 01, 2011Just 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 |
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