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Opic Blog

"OPIC can transform the way we think about the business community and its relationship with international development."

OPIC President and CEO Elizabeth Littlefield is featured this month in Forbes, where she discusses OPIC’s work supporting U.S. businesses investing in emerging markets, the agency’s increased focus on renewable resources and its quick response... Read more...

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Photos: In India, telecom sector taps solar power

OPIC’s board recently approved $150 million in financing to expand the use of solar energy to power telecommunications towers in India. Applied Solar Technologies plans to use the financing to supplement the diesel-powered generators on the... Read more...

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Expanding Horizons: "We have to change our perspective of where our next customers are coming from."

“A big business can walk into a bank, get in the door and probably even end up with financing for an overseas investment. But for a small business, it is particularly challenging,” Lawrence Spinelli, OPIC’s Director of Public Affairs, (pictured)... Read more...

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Hot springs tapped for geothermal energy in a Kenyan national park

Hell’s Gate National Park in Kenya, named for its hot springs and volcanoes, is also the site of a geothermal power plant. On September 22, OPIC approved up to $310 million in financing to the plant’s operator to support an expansion... Read more...

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TPL Properties: Building on a “mutual economic interest”

“Karachi is a city of 18 million people, but it has almost no commercial real estate,” Ali Jameel, CEO of TPL Properties said at a September 26 signing ceremony for OPIC’s $20 million loan TPL to finance the completion of a 28-story office... Read more...

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New report looks at role of OPIC and other IFIs in creating jobs, reducing poverty

A new report finds that international finance institutions such as the Overseas Private Investment Corp. play a key role in addressing a range of developmental challenges from reducing poverty and creating jobs to improving food security and... Read more...

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OPIC President Elizabeth Littlefield's statement on the American Jobs Act

Last night, President Obama unveiled the American Jobs Act, a collection of bipartisan strategies that will put more Americans back to work, in part by providing incentives for small businesses to hire and grow.  I applaud this move, which will... Read more...

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Project Snapshot: Renewable energy in India's rice belt

Site India Sector Renewable energy Challenge More than one billion residents of India have no electricity and many of them live in remote villages off the electricity grid. Solution $750,000 in debt financing for Husk Power... Read more...

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Business as a force for good in the developing world

“There is growing optimism about business as a force for good in the developing world,” OPIC President Elizabeth Littlefield writes in the current issue of Innovations. “A new momentum is building along with this around a breed of private... Read more...

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Photos: Low-income housing in South Africa

OPIC’s 2002 loan guaranty to a South African lender has led to the construction of thousands of homes for low-income residents in South Africa, while supporting may small construction businesses and creating jobs. The project is outlined in more... Read more...

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