The OPIC Blog

Archive for the 'Uncategorized' Category

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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