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Development, National Security And OPIC: Secretary Kerry Connects the Dots

September 24, 2014

Secretary of State John Kerry offered a sweeping view of the power of global development last week, when he spoke at USAID’s Frontiers in Development conference. Kerry stressed that extreme poverty and other major world development challenges presented challenges not only to “our values and our sense of humanity” but also “to our security,” and that they could best be
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To the warm heart of Africa: OPIC investment mission to Malawi and Rwanda

May 05, 2014

By Benjamin Hunt – Special Assistant to the OPIC President About 7,000 miles east of Washington, D.C., sit the Republic of Malawi and the Republic of Rwanda, two countries part of an African sub-region known as the “Heart of Africa.” Despite being officially acknowledged within the geo-political borders of East or Central Africa, Rwanda and Malawi prefer the warmer colloquial
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Featured photo: Bountiful harvest in Ethiopia

April 18, 2014

In honor of Earth Day on April 22, this photo, a Feed the Future photo contest winner, shows a farmer in Ethiopia, succeeding against the odds and producing a bountiful harvest in drought conditions. He is transporting a variety of chickpea called “areti,” which means “not afraid of drought.” The areti was introduced by the International Crop Research Institute for
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Spotlight on OPIC Impact Award winners: Global Partnerships

April 10, 2014

In the efforts to support the poor in ways that will have a sustained and meaningful difference in their lives, access to finance is a common theme. Millions of people in the developing world have no formal bank account and no way to access a bank loan to start a small business or purchase a home. OPIC has partnered with
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Unlocking private climate investment: Two lessons from OPIC and Ex-Im Bank

April 07, 2014

By Giulia Christianson, Sustainable Finance, World Resources Institute Overcoming the climate change challenge won’t come cheap. A World Economic Forum report released last year, for example, estimates that the world will need to invest at least $5.7 trillion annually in green infrastructure by 2020 in order to limit the worst impacts of climate change. In addition to the significant amounts of finance
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“My unique connection to Power Africa:” OPIC’s Alemayehou featured in USAID newsletter

March 27, 2014

In the summer of 2013, President Obama announced the Power Africa initiative, designed to help African countries responsibly develop extensive energy resources with the aid of private sector investors. OPIC committed up to $1.5 billion in financing to support this endeavor, in keeping with the agency’s longstanding history of supporting projects in Sub-Saharan Africa. OPIC Executive Vice President Mimi Alemayehou,
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Power Africa leadership convenes at Center for Global Development

January 16, 2014

Mimi Alemayehou, OPIC’s executive VP, participated in a panel discussion on President Obama’s Power Africa initiative held Jan. 15th at the Center for Global Development. She was joined by USAID’s chief coordinator for Power Africa Andrew Herscowitz, Kamran Khan of the Millennium Challenge Corporation and Nilmini Rubin, an advisor to the House Foreign Affairs Committee. The group engaged in lively
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Looking to Rio: Connecting the dots between environment and development

June 20, 2012

Later this week, as thousands of world leaders gather with the global development and business communities at the Rio+20 United Nations Conference on Sustainable Development in Brazil, they will focus on some of the seemingly incompatible challenges facing a world with a rapidly growing population and diminishing natural resources. Global energy consumption is expected to be 30% to 40% higher
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Haitian Prime Minister visits OPIC

February 15, 2012

Haitian Prime Minister Garry Conille met with OPIC President Elizabeth Littlefield  and other members of OPIC’s senior staff on February 9 to discuss the challenges of Haiti’s reconstruction and the prospects for new development. Conille (pictured) and his delegation were in Washington to explore ways in which the United States could contribute to Haiti’s reconstruction efforts in the wake of the
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U.S., Jordan commit to work together to support SMEs

October 27, 2011

On Oct. 25, OPIC President and CEO Elizabeth Littlefield joined U.S. Ambassador to Jordan Stuart Jones, and Acting USAID Mission Director Kevin Rushing and Dr. Saleh Kharabsheh, Secretary General of the Ministry of Planning and International Cooperation, in committing to work together to support the development of Jordanian small and medium-sized enterprises to help create jobs and encourage economic growth. “Today’s
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