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…
June 05, 2012
By: Mitchell L. Strauss, Special Advisor Socially Responsible Finance Investors are increasingly talking about “Impact Investing,” but the practice is not new to OPIC, which has a 40-year history of transforming private capital into solutions for common social and environmental challenges around the world. This Q&A explains the concept of Impact Investing, and why it offers the potential for such strong Read more…
June 04, 2012
OPIC provided political risk insurance to rebuild a flour mill and animal feed facility that was destroyed in the 2010 earthquake. This picture is from a tour at the grand reopening of the facility on December 15, 2011. This is just one of many OPIC projects focused on food security. We continue our monthly news wrap-up series this month, starting with a Read more…
May 31, 2012
In issuing our annual report for 2011, we also marked a milestone: 40 years of investing with impact across the developing world. Often we use this blog as an opportunity to talk about our new projects or our response to current global development challenges. But OPIC’s rich history also underscores how our development finance model endures in a world where the social, environmental Read more…
May 07, 2012
In Winneba, Ghana, residents fill containers near a local drinking water facility. OPIC is providing political risk insurance to support a project to modernize the water infrastructure in Ghana, where a shortage of clean water is linked to 20,000 deaths each year.
March 07, 2012 Opportunity. Uncertainty. Possibility. Unpredictability. These wide-ranging terms describe what many investors think about emerging markets, especially those with a history of civil unrest, violence or a questionable rule of law. We are in the business of helping U.S. businesses gain footholds in emerging markets in order to catalyze revenues, jobs and growth opportunities both at home and abroad. And as Read more…
March 01, 2012 Site Haiti Sector Food Challenge Mitigating the risk involved in rebuilding a key flour mill that was destroyed in the 2010 earthquake. Solution OPIC provided Seaboard Overseas Limited with political risk insurance that covered both the rebuilding and expansion of the mill. Impact Restarting domestic flour milling in Haiti has increased the country’s food production capacity and domestic food security. Read more…
December 20, 2011
A recent cover story in The Economist described immigrant networks as “a rare bright spot in the world economy. Around that same time. OPIC Executive Vice President Mimi Alemayehou addressed a forum at the World Bank about innovative ways to engage the diaspora, where she outlined why members of diaspora communities often made attractive investors in the developing world. The text of her September 14, Read more…
August 02, 2011 Alpha Condé, President of the Republic of Guinea, visited OPIC August 1 and met with OPIC President and CEO Elizabeth Littlefield and OPIC Executive Vice President Mimi Alemayehou. President Condé highlighted some of the policy changes he is working to implement in Guinea. The group discussed opportunities for private investment in Guinea, primarily in the power, water, and agricultural sectors, Read more…
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