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Beyond BRIC: The next economic giants

January 15, 2014

  It’s been 13 years since economist Jim O’Neill coined the term BRIC to refer to the four developing countries (Brazil, Russia, India and China) enjoying strong economic growth and promise rivaling or surpassing that seen in the developed world. Since then, many countries beyond the BRIC four have also started enjoying accelerated growth and economic promise in the developing
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Featured photo: Santa Catarina wind farm in Mexico

December 21, 2012

An anemometer measures wind speeds at the construction site of the 20 megawatt Santa Catarina wind farm outside of Monterrey, Mexico. The wind farm is one of the investments of the OPIC-supported Latin Power III, an investment fund focused on energy and infrastructure projects in Latin America and the Caribbean.

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Featured photo: Updating property records in the State of Mexico

November 23, 2012

OPIC financing is supporting a project by the Public Registry for the State of Mexico, to update all its property records currently stored in 19 buildings across the country, in order to provide greater accuracy and access. The photo shows the old storage system in one public registry in Toluca, Mexico, in which property titles and deeds were written in
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Monthly news wrap-up: September 2012

October 03, 2012

Last month, the General Assembly of the United Nations convened to begin the General Debate of the 67th Session and leaders from 193 countries congregated in New York City to discuss some of the world’s toughest issues. As reported by the State Department, some of the United States’ priorities include building on the progress made toward achieving the Millennium Development
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Featured photo: World Water Week

August 31, 2012

It is fitting that the focus of this year’s World Water Week is the connection between water security and food security. It has been an unusually dry summer throughout much of the U.S., and a drought in even a single major food-producing country poses an additional threat to world food prices, which are already at an all-time high. Even before
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Featured photo: Conserving water during irrigation

August 24, 2012

A field in Mexico uses a drip tape irrigation system provided by Wade Rain Inc., a small business based in Tualatin, Oregon. Wade Rain’s Mexican subsidiary sells irrigation equipment — most of it manufactured in the U.S. — to small farms in central Mexico and has helped introduce more efficient irrigation technologies such as drip tape, in which long lines
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Project profile: Mexican food project in Russia fuels sales of American-made equipment

October 21, 2011

American entrepreneurs build a Mexican food business in Russia using an OPIC loan to fund its expansion, ultimately driving sales of equipment from a supplier in  southern California. That’s the short story behind ZAO Solntse Mexico, a 2007 OPIC loan recipient, which was so successful introducing Mexican food products to Russia that it generated $9 million in revenues in 2010.
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Small firms also have a role in the global economy

October 18, 2011

OPIC President and CEO Elizabeth Littlefield recently published a piece in the Miami Herald about the economic benefits of small businesses expanding into developing markets overseas. Attached is the full text of the piece, which can also be found at MiamiHerald.com Today’s business news is dominated by the affairs of America’s largest corporations, like Apple, Boeing, GE and Google. The
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