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Featured photo: Supporting small businesses in Africa

February 08, 2013

In Nairobi, Kenya, Equity Bank CEO Dr. James Mwangi (center) introduces OPIC President and CEO Elizabeth Littlefield to Equity Bank agent Maureen Wambugu (right). One of the bank’s community branches is surrounded by several local businesses, including a second hand shoe trader, whose owner used an Equity Bank micro loan to expand his business. OPIC is providing $8.45 million in
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Featured photo: OPIC President Elizabeth Littlefield speaks at the World Economic Forum

January 25, 2013

This image from a screen recapping events at the World Economic Forum in Davos, Switzerland captures a quote from OPIC President and CEO Elizabeth Littlefield. She is speaking on a panel about Scaling Social Innovation, and is participating in multiple events at the Forum exploring ways to address transformative social and environmental change.

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

January 22, 2013

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 years, the event has focused high-level discussions around some of the biggest challenges facing the planet, and sought to identify solutions
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Ensuring accountability in international development

December 20, 2012

One of the key components of effective development is effective conflict resolution. Unresolved conflicts with local communities can result in higher costs, delays or even abandonment of projects. Last month, OPIC Director of Accountability, Dr. Keith Kozloff sat on a panel on Independent Accountability at the Washington Chapter of the Society for International Development (SID) to discuss the ways accountability
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Supporting the development of the next generation of African leaders

November 14, 2012

Africa’s labor force will be larger than China’s by 2035, according to statistics recently released by the Mo Ibrahim Foundation. By the end of the century, 41 percent of the world’s youth live in African. The Mo Ibrahim Foundation, which invests in governance and leadership to catalyze Africa’s transformation, has also released some other, less optimistic numbers about the continent,
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Sustainability: The new normal for business

November 12, 2012

Today, the World Economic Forum will host what is billed as “the world’s largest brainstorming meeting” – the Summit on the Global Agenda. Eight hundred leaders from the world’s business, political and academic communities will discuss ways to foster sustainable business practices to help build a “greener and socially more inclusive world.” The topic of focus at this year’s forum
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Insights into the renewable energy sector: A conversation with Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy Programs

October 29, 2012

OPIC’s focus on renewable resources supports projects in wind, solar, geothermal, hydropower, biomass and other sustainable sources of energy, which will reduce carbon emissions, improve access to electricity and support economic growth. In recent years, the share of OPIC’s portfolio devoted to renewable resources has grown dramatically. In 2009, OPIC’s finance and insurance commitments in renewables totaled $131 million. That
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It’s as simple as a stove

August 30, 2012

How one appliance can saves lives, empower women, and reduce pollution in the developing world. By Mimi Alemayehou Nearly every mother’s daily routine includes making meals for her children no matter where on this planet she happens to live. In the U.S., we have a range of easy, efficient appliances to choose from when preparing a meal – stovetop, oven,
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Emerging market private equity: Why the angel is in the details

August 15, 2012

When OPIC hosted some clients this spring for a discussion about private equity, we conducted a highly informal survey about the climate for fundraising today and the outlook for tomorrow. The results were realistic but sobering. On a scale of one to five with one being “great” and five being “dismal,” half of the 10 guests who completed the survey
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Elizabeth Littlefield Speaks at U.S.-South Africa Business Partnership Summit

August 07, 2012

OPIC President and CEO Elizabeth Littlefield at U.S.-South Africa Business Partnership Summit.   OPIC President and CEO Elizabeth Littlefield at U.S.-South Africa Business Partnership Summit with The Honorable Robert Hormats, Undersecretary for Economic Growth, Energy & the Environment, U.S. Department of State; The Honorable Fred Hochberg, Chairman and President, Export-Import Bank of the United States; Mr. Paul Talley, Chief Operating
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