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The OPIC Blog
Microfinance support for small businesses in IsraelApril 11, 2012Small businesses are so universally recognized as a key “engine of the economy,” that that very phrase has become cliché. But the fact remains that banks prefer lending money to established organizations. This recent Times of Israel story explores that dilemma as well as the “magic of microfinance” in helping those small businesses make it big. It also shows how OPIC in Action: Expanding Education Opportunities for Palestinian ChildrenApril 02, 2012OPIC’s Robert Drumheller and Maria Goravanchi recently met with primary school children at Ibrahim School in Jenin, West Bank who were reading in both Arabic and English on their netbooks after school. An OPIC loan is expected to distribute between 100,000 and 280,000 computers to schoolchildren there over the next ten years. The Netketabi – Arabic for ‘my netbook’ OPIC’s Monthly News Wrap-Up: March 2012March 29, 2012We frequently share the important pieces of journalism we find on our Facebook and Twitter feeds. Starting this month, we will also begin recapping on our blog some of the stories we consider most important to helping solve critical development challenges. This month there has been increased discussion over ways to encourage more economic development in Afghanistan in order to 
Project Snapshot: Bringing drinking water to the desertJanuary 23, 2012Country Algeria Sector Infrastructure Challenge: Severe water shortages in the city of Algiers Solution: $200 million in OPIC financing for the construction of a reverse-osmosis water desalination facility to deliver 200,000 cubic meters of potable water to Algiers each day. Impact: The plant, currently operating between 85% and 95% capacity, provides water for about 350,000 families in and around Algeria. 
Tunisian Priorities. American Investments.November 23, 2011On November 15, 2011, OPIC President and CEO Elizabeth Littlefield delivered the keynote address at the Tunisia Partnerships Forum at the U.S. Department of State. “Tunisia is one of the oldest friends and allies of the United States and a model for the region,” she said, also noting that Tunisia today “is ripe with opportunity for investors.” The full test 
U.S., Jordan commit to work together to support SMEsOctober 27, 2011On October 25, OPIC President and CEO Elizabeth Littlefield joined U.S. Ambassador to Jordan Stuart Jones, and Acting USAID Mission Director Kevin Rushing and Dr. Saleh Kharabsheh, Secretary General of the Ministry of Planning and International Cooperation, in committing to work together to support the development of Jordanian small and medium-sized enterprises to help create jobs and encourage economic growth. “Today’s Technology and the Arab SpringJuly 21, 2011At a series of Egypt Forward forums held around the U.S. in June, OPIC President Elizabeth Littlefield and other OPIC staffers addressed hundreds of American businesses interested in doing business in Egypt and described how OPIC’s finance and insurance tools could support them. The forums were sponsored by the U.S. Trade and Development Agency (USTDA), which works to create U.S. “Investment – not just assistance” for the Middle East and North AfricaJuly 01, 2011Just like in the United States, small businesses are the backbone of the economies of the Middle East and North Africa (MENA), and a strong private sector is vital for increased employment and economic growth. And as President Obama stated in his recent speech about the region, “though these countries may be a great distance from our shores, we know |
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