Featured photo: Investment in Ukraine ready for growth
On April 28, Vitali Klitschko, Mayor of Kyiv, Ukraine, visited OPIC’s President and CEO Elizabeth Littlefield in Washington D.C., to encourage private investment to boost Ukraine’s economic growth and stability. Mayor Klitschko’s message to OPIC and potential investors underscored that Kyiv, which lies several hundred miles from areas of conflict, is stable and ripe for investment – particularly in the sectors of agriculture, energy efficiency and financial services. As a part of OPIC’s role to boost global stability through increased investment opportunity, the Agency has strengthened its efforts to support U.S. private business investment since conflict began in Eastern Ukraine. OPIC recently committed $7.8 million to Ukraine’s Megabank to expand Small and Medium Enterprise lending in the country.