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The OPIC Blog

Archive for the 'Small business' Category

Meeting the global unemployment challenge

A report earlier this month from the International Finance Corporation (IFC) offered some staggering measures of worldwide unemployment. IFC said there are currently 200 million people unemployed around the world – a number roughly equivalent to the... Read more...

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OPIC returns to Davos for the World Economic Forum’s annual meeting

OPIC President and CEO Elizabeth Littlefield joins a large group of business and political leaders from around the world gathering in Davos, Switzerland this week for the annual meeting of the World Economic Forum (WEF). For more than 40... Read more...

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Featured photo: Savannah Fruits Company in Ghana

Workers at the Savannah Fruits Company in Ghana, which produces and exports shea butter.   OPIC provides financing to the nonprofit social investment fund Root Capital, which supports lending to Savannah Fruits and other... Read more...

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Secretary Hillary Clinton awards OPIC client Sorwathe with Award for Corporate Excellence

Today, Secretary of State Hillary Clinton presented the U.S. Department of State 2012 small-medium sized business Award for Corporate Excellence to OPIC client Sorwathe, a Rwandan tea processing factory. The award honors U.S. business... Read more...

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Featured photo: Guaranties for small business lending in Paraguay

  Paraguayan entrepreneur Mercedes Cabrera de Idiarte started a clothing manufacturing business with five sewing machines, and today has 25 machines, 36 employees and sells apparel across Paraguay, generating annual revenue of 200... Read more...

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Sharing OPIC’s story: A conversation with Judith Pryor, Vice President of Office of External Affairs

Pryor traveling in the Middle East in 2011 In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project... Read more...

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"The most promising frontier market in the world today"

  OPIC President and CEO Elizabeth Littlefield told Congress on Wednesday July 25 that Africa presented extensive investment and development opportunities but that U.S. businesses remain underrepresented on the continent. During the... Read more...

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“The itty-bitty multinational”

Many large U.S. corporations earn more than half their revenue in overseas markets, but as OPIC President and CEO Elizabeth Littlefield writes in The Atlantic, small businesses can also benefit from thinking globally. Littlefield notes that... Read more...

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Myths about Helping Small and Medium Enterprises in Post-Conflict Countries

Post-conflict economies share striking similarities regardless of region or era. Their economies are dominated by small and medium enterprises (SMEs), usually in the informal sector. Their banking systems have collapsed or credit has retreated to... Read more...

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OPIC’s increased commitment to small business

Small businesses are at the heart of the U.S. economy, and OPIC is committed to putting them at the heart of the global economy as well. This chart illustrates the progress OPIC has made in recent years. In fiscal year 2011, 78% of OPIC’s... Read more...

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