October 14, 2014
OPIC President and CEO Elizabeth Littlefield described the momentum behind President Obama’s Power Africa initiative, which she said has generated strong interest among developers who until recently had not considered doing business in Africa. “The world is waking up to the fact that business can be a force for good and has a critical role to play,” Littlefield told Devex
September 05, 2014
Hillary Clinton told the National Clean Energy Summit in Las Vegas on September 4 that OPIC was playing a critical role in bringing more energy to the developing world. “I’m delighted that (OPIC President and CEO) Elizabeth Littlefield is here,” said Clinton. “OPIC is major player in trying to deal with the issue of energy poverty.” Clinton also noted that
February 22, 2013
Rice is a staple of the diet in India but until recently the rice husks that were left behind in the milling process served no purpose – aside from generating a lot of waste. OPIC’s $750,000 loan in 2009 to the startup Husk Power Systems Inc. helped that business introduce a technology that converted this biomass waste into electricity and
October 01, 2012
The need to form partnerships and collaborate emerged as a common theme over the past week as top world leaders converged in New York for both the 67th General Assembly of the United Nations and the Clinton Global Initiative. President Barack Obama spoke at the United Nations of “an interdependent world (where) all of us have a stake in working
September 25, 2012
As more U.S. small businesses participate in the global marketplace, they are facing new questions and challenges. Expanding Horizons, a workshop for small businesses entering international markets, helps entrepreneurs explore new opportunities that can help strengthen their business at home and abroad. Join OPIC at Expanding Horizons in Seattle on October 3, 2012 and learn about the government programs and financial
May 21, 2012
In this Q&A video, OPIC Vice President Mimi Alemayehou discusses the extensive growth opportunities in Africa, including the demand for energy and power as the continent continues to develop.
January 24, 2012
How much does the U.S. spend on foreign aid? As political psychologist, Dr. Steven Kull noted during a recent visit to OPIC, a lot less than most Americans think: When they understand that just one percent of the federal budget goes toward foreign aid, most Americans support that level of assistance, said Kull, who studies public opinion on public policy. “The
December 09, 2011
In this interview from the December, 2011 U.N. Climate Change talks in Durban, South Africa, OPIC President and CEO Elizabeth Littlefield outlines OPIC’s progress since it identified renewable resources as the agency’s number one sector priority a year ago. She also explains how partnerships between the public and private sectors can be effective in solving the world’s biggest environmental challenges.
October 21, 2011
Ricardo Tejada, Founder and Managing Director of Vnesto Capital, delivered the keynote address at the Expanding Horizons seminar in Orange County, CA, where he shared his story of adapting to the recession by expanding his business into South Korea and Ecuador. Vnesto Capital was founded in Los Angeles in 2005 to help small firms obtain capital and build successful business plans,
July 15, 2011
This video from India’s Husk Power Systems Inc.–an OPIC loan recipient–outlines how rice husks are being used to generate electricity and transform lives in many of India’s most remote communities.