The OPIC Blog

Archive for the 'Uncategorized' Category

Featured Photo: Building a supply chain to support Afghanistan’s wool producers

Featured Photo: Building a supply chain to support Afghanistan’s wool producers Nesar Nusraty, CEO of 2016 OPIC Impact Award winner American Wool and Cashmere, shows how wool produced by Afghan goat herders is sorted and de-haired before being shipped to market. American Wool of Beltsville, Maryland used OPIC financing to establish a delivery infrastructure so that wool produced in western Read more…

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New legislation recognizes food security as a top global development priority

This OPIC-supported project helps small farmers in Africa access advanced equipment to increase yields and expand their growing seasons. Learn more The Global Food Security Act, which passed earlier this month, paves the way for the implementation of a formal U.S. strategy to address world hunger and nutrition aimed at placing food-insecure countries on a path toward self-sufficiency, building resistance Read more…

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“A league of their own”: Women in development discuss America’s global impact

Photo from left: Liz Schrayer, U.S. Global Leadership Coalition (moderator); Dana Hyde, Millennium Challenge Corporation; Gayle Smith, U.S. Agency for International Development; Elizabeth Littlefield, OPIC; Carrie Hessler-Radelet, Peace Corps; Lee Zak, U.S. Trade and Development Agency. OPIC President and CEO Elizabeth L. Littlefield joined four other women who head U.S. agencies focused on development on June 13 to discuss the Read more…

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Electricity supply unreliable even for many grid-connected Africans

A new survey of electricity access across Africa shows the regions where energy poverty is most severe and also highlights the fact that many households that are grid-connected still lack consistent access to power. The survey from the African research group AfroBarometer says that in Africa, grid access is lowest in Burundi, Burkina Faso and Sierra Leone, but that even Read more…

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Slideshow: How OPIC invests in women

By investing in development, OPIC invests in women. As the world marks International Women’s Day, these images show some of the women who have benefited from our work. Helping farmers in Africa earn more income. OPIC supports multiple projects, such as the One Acre Fund, that provide financing and training to smallholder farmers so they can grow more food and Read more…

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Why political risk insurance is critical to the global economy

Political Risk Insurance (PRI) began as a niche product but has become a “critical tool in the expansion of the global economy,” OPIC Director Mark Stuckart, wrote in the magazine of the Association for Financial Professionals. Stuckart, director for Political Risk Insurance and Product Development, explains the key role OPIC has played in developing insurance to protect investors in developing Read more…

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OPIC partners pay back

Last year, OPIC recognized its partner Sante GMT with an Impact Award for development impact. This year, the Georgia producer of milk and dairy products, which has helped create income for thousands of rural Georgian farmers, earned a different distinction, joining the long list of OPIC partners that have repaid their loans in full. In 2007, OPIC provided Sante with Read more…

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OPIC seeks to support American investors in Malawi

By Elizabeth Littlefield President and CEO, Overseas Private Investment Corporation President Obama asked me a year ago to travel to Malawi to explore opportunities to support private sector investment in this country that is brimming with resources and promise but has not yet captured the level of investor interest that some neighboring countries … from Rwanda to Tanzania … are now enjoying. Having recently Read more…

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An agency punching above its weight

OPIC President and CEO Elizabeth Littlefield confers with Judith Pryor, OPIC’s Vice President of External Affairs prior to a Dec. 11 hearing with the Senate’s Subcommittee on Financial and Contracting Oversight. OPIC President and CEO Elizabeth Littlefield underscored the efficiency and effectiveness of OPIC’s global investment initiatives to the subcommittee on Financial and Contracting Oversight, part of the Senate’s Committee Read more…

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