May 10, 2013
Sherry Ayittey, Ghana’s Minister of Health, seated, tours one of eight new mobile medical clinics that were introduced this month as part of the National Medical Equipment Modernization Project. OPIC is supporting the project by providing political risk insurance to Belstar Development, LLC, the lead investor in the project. These mobile clinics will travel to currently underserved areas of the Read more…
May 06, 2013
OPIC will take its popular Expanding Horizons workshop to Charleston, South Carolina on May 7 in an effort to educate more small businesses from the southeastern United States about the benefits of expanding into emerging markets, and the ways that OPIC finance and insurance tools can support their efforts. OPIC began its Expanding Horizons series in 2006 in recognition of Read more…
April 30, 2013
OPIC is teaming up with the U.S. Trade and Development Agency (USTDA), the Small Business Administration, the Export-Import Bank, and other export, trade, and finance related agencies across the federal government this May, during World Trade Month, on a series of Twitter chats for U.S. companies. The Twitter chat series will provide U.S. companies with information and resources on doing Read more…
April 25, 2013
“You can’t build a country without concrete.” The statement has particular relevance in Haiti, where, more than three years since a 7.0 magnitude earthquake resulted in extensive death and destruction, the country is still working to repair and rebuild and assume a path of sustained economic vitality. Luis Garcia (pictured), spoke about the importance of basic building materials like concrete Read more…
March 25, 2013 When in 2011 OPIC provided political risk insurance in connection with the American International School of Bamako in Mali, the West African nation was a stable democracy. The insurance protects against loss of business income, including evacuation expenses, resulting from political violence. Political risk insurance, like all insurance, is a product that the buyer never hopes will be used. But Read more…
March 07, 2013
Public-private partnerships have long been at the core of OPIC’s work supporting development. They are increasingly being recognized as an effective tool not just to finance major infrastructure projects, but also to reduce poverty by supporting projects to expand food production and access to education, healthcare, clean energy, and financial services. A new publication, Emerging Partnerships, lists two OPIC projects Read more…
February 15, 2013
Shyara washing station owned by OPIC client Westrock Coffee Holdings’ Rwanda Trading Co. (“RTC”). OPIC political risk insurance is supporting RTC’s coffee processing operations in Rwanda, which provides agricultural extension loans, seed, fertilizer, compost and technical assistance to help small local coffee producers across the country improve production processes and access international markets. RTC is also providing technical assistance to help Read more…
September 05, 2012
Late last month, the International Water Management Institute (IWMI) reported that farmers in South Asia and sub-Saharan Africa are increasing the use of small-scale irrigation schemes as a result of drought that puts the security of food supplies at risk. The three-year study found that, rather than wait for rainfall, smallholder farmers, whose farms supply food for individual families, are Read more…
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, Read more…
June 26, 2012
OPIC’s upcoming Expanding Horizons workshop for businesses interested in expanding into emerging markets will be held in New York City, a region where many companies have already benefited from OPIC support. OPIC’s insurance and financing commitments to projects sponsored by businesses located in the state of New York have totaled $23.6 billion, according to data collected over the agency’s 40-year Read more…
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